How Much Money Does One Need To Buy Investment Property?

Jeff Lindikoff goes into the funds one will need to buy investment property:

How Much Money Does One Need To Buy Investment Property?

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Jeff Lindikoff: Sure. Good question. Again, that depends on numerous items and that would be financing from a bank, you’re looking at owner financing, there’s different programs such as VA foreclosures that require 5% down for investors.

Right now for a single family home you are looking at 20% down for investors.

If you are looking at a plex, a duplex to a fourplex you’re looking at 25% down.

With other terms it could be 30%-50% down. So it depends on the kind of financing you are looking at. And again how much down.

If you are looking at a $60,000 in Kansas City, Missouri, at 20% you’re looking at $12,000 plus your closing costs. Many times you can get the seller to help out with those closing costs. So the percentages are there.

Also it depends on the type of cash flow the investor would like.

We’re seeing a lot of cash buyers on the market right now.

To me when you have cash buyers on the market. To me, as long as they’re seasoned investors, that it’s time to jump in with them because they usually get in before the rest of the groups get in.

So you get into a property like that ($60k property referenced above) for as little as $12,000 down and have your closing costs covered by the seller.

So again, it depends on the type of investment that you’re buying and the type of financing you’re getting.

The real estate investment opportunities that we provide to our group of real estate investors are hand selected by Jeff himself and are sold quickly due to the high demand of the unique real estate deals that we offer.

If you are wanting to learn how to buy investment property then get in touch with Jeff Lindikoff at (541)537-2042 to start your journey to becoming a real estate investor.

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