• Home
  • About
    • About
    • Living in Oakhurst
  • Purchase
  • Refinance
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • USDA
    • 2nd Mortgages and HELOC's
    • Construction
    • Bank Statement
    • Rehab/Renovation
    • Non QM Options
  • Resources
    • Resources
    • Mortgage Calculator
    • Search Homes For Sale
    • Home Purchase Qualifier
    • Home Value Estimate
    • Refinance Analysis
  • Blog
  • Contact
  • Apply Now
 
 
Join Our Team!
Book Your Free Consultation
Mortgage Calculator

Mortgage Broker Oakhurst CA | Home Loans | Granite West Funding

If you are looking for a competitive loan for home purchase, refinance or construction in Oakhurst or anywhere in the state of California, Granite West Funding can connect you with a loan suitable for your needs.

Call Us Today! 559-540-2275
  • About
    • About
    • Living in Oakhurst
  • Purchase
  • Refinance
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • USDA
    • 2nd Mortgages & HELOC’s
    • Construction
    • Bank Statement
    • Rehab/Renovation
    • Non QM Options
  • Resources
    • Resources
    • Mortgage Calculator
    • Search Homes For Sale
    • Home Purchase Qualifier
    • Home Value Estimate
    • Refinance Analysis
  • Blog
  • Contact
  • About
    • About
    • Living in Oakhurst
  • Purchase
  • Refinance
  • Loan Options
    • Loan Options
    • VA
    • FHA
    • Conventional
    • Jumbo
    • USDA
    • 2nd Mortgages & HELOC’s
    • Construction
    • Bank Statement
    • Rehab/Renovation
    • Non QM Options
  • Resources
    • Resources
    • Mortgage Calculator
    • Search Homes For Sale
    • Home Purchase Qualifier
    • Home Value Estimate
    • Refinance Analysis
  • Blog
  • Contact
You are here: Home / Buy A Home / 5 Signs That Indicate It’s Time To Purchase Investment Properties

5 Signs That Indicate It’s Time To Purchase Investment Properties

January 25, 2023 by Granite West Funding

Buy Investment Property in Oakhurst CA

Purchasing investment properties is a great way for generating passive income, but it’s not for everybody.  In order to be successful when investing in real estate, you need to ensure that you’re prepared to take the risk involved.  With that in mind, real estate industry experts contend that the following 5 signs indicate when a person is ready to purchase investment properties:

Time To Buy Investment Properties? Here Are The Signs

  • You’re good at running the numbers – at its core, purchasing investment properties is a mathematical decision.  Before exploring the market, investors need to understand the metrics involved.  Fortunately, most investment properties such as single-family rentals have a predictable cash flow.  The Rule of 72 – dividing 72 by an investment property’s fixed annual return rate – will help you determine how quickly you’ll be able to recover the money you’ve invested.
  • You’re prepared to take on more financial responsibility – being a landlord is no small job and requires a huge commitment.  Even if you choose the fix-and-flip strategy of property investing, you’re still going to have additional financial responsibilities.  These responsibilities often include balancing budgets, managing schedules, and overseeing contractors. Additionally, all properties need care and maintenance while ensuring that there are no gaps between tenants.
  • You’ve assembled a support team of professionals – as a property investor, it’s important to put together a reliable support team comprised of lenders, maintenance personnel, real estate professionals, and repair contractors.  These professionals can assist you in navigating the purchasing process.  When you’re a landlord and something goes wrong at night or on a weekend, you’ll need to have relationships with the right contractors who will handle emergencies and resolve the problem.
  • You’ve determined your investment goals – surprisingly, there’s more than just one way to invest in property.  Consequently, it’s best to develop an investment strategy before making your purchase.  There are different strategies to consider such as buy-and-hold, fix-and-flip, and wholesaling.  That being said, it’s important to choose a strategy that suits your financial goals.  Ultimately, the strategy you choose will have an effect on the property you decide to purchase.
  • You’ve saved up a sufficient amount of money – unlike with a primary residence, you can’t purchase an investment property with little or no money.  Since FHA and other government-backed loan programs aren’t usually available for real estate investments, you need to have a sufficient amount of savings built up.  Savvy real estate investors suggest having 30% to 35% of the purchase price saved up.

Get In Touch With Your Trusted Mortgage Expert Today

For more information regarding what is involved when financing investment properties, call Granite West Funding at (559) 540-2275 today. Our financial experts are available to take your call and help you with your custom requirements. Call now.

Filed Under: Buy A Home Tagged With: California, Home Buying Tips, Oakhurst

Get Pre-Approved Today

Connecting You With
Your Next Home Loan
in California.

Today's Mortgage Rates!

Popular Blogs

  • 5 Signs That Indicate It’s Time To Purchase Investment Properties

    5 Signs That Indicate It’s Time To Purchase Investment Properties

  • How Do Investment Mortgage Brokers Differ From Regular Ones?

    How Do Investment Mortgage Brokers Differ From Regular Ones?

  • 5 Benefits of working with a Real Estate Broker when buying Investment Property

    5 Benefits of working with a Real Estate Broker when buying Investment Property

  • How To Find the Best Mortgage Lender for your Loan

    How To Find the Best Mortgage Lender for your Loan

  • 5 Helpful Tips for finding Investment Properties

    5 Helpful Tips for finding Investment Properties

Let's Connect

FacebookTwitterLinkedinYoutubeInstagram

Navigation

  • About
  • Living In Oakhurst
  • Purchase
  • Refinance
  • Blog
  • Contact
  • Apply Now

Loan Options

  • VA Loans
  • FHA Loans
  • Conventional Loans
  • Jumbo Loans
  • USDA Loans
  • Construction Loans
  • Bank Statement Loans
  • 2nd Mortgage/HELOCs
  • Rehab/Renovation Loans
  • Non QM Options

Resources

  • Mortgage Calculator
  • Search Homes For Sale
  • Home Purchase Qualifier
  • Home Value Estimate
  • Refinance Analysis

Contact

  • Granite West Funding, LLC
  • A | 40879 CA-41 #1a
    Oakhurst, CA 93644
  • P | 559-540-2275
  • E | andrew@granitewestfunding.com
  • E | eric@granitewestfunding.com
  • E | jesse@granitewestfunding.com
  • NMLS 200726
  • Find us on Google
FacebookTwitterLinkedinYoutubeInstagram
Granite West Funding, LLC

Copyright © Granite West Funding, LLC All Rights Reserved.
Terms of Use | Privacy Policy


Equal Housing Lender

Granite West Funding, LLC is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.

Copyright © 2023 · granite on Genesis Framework · WordPress · Log in