Investment Property

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Real estate has and will always be one of the safest ways to invest money. An investment property is defined as real estate that one purchases with the intention of profiting from it through sales or rent. When applying for a mortgage, the way which the property will be used is a critical factor in determining your rates and whether or not you qualify. The requirements for an investment property are stricter than a non investment property since there is more risk involved. Investment properties are an excellent way to make money, however ones needs to be careful especially if there are any intentions of purchasing other properties in the future.

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