Enroll in the Military Real Estate Investing Academy!


Active Duty Passive Income Blog

Our military oriented real estate investing blog.

 

 

5 Ways to Finance Your First Turn-Key Investment

Nov 09, 2017

Financing your first turn-key investment can seem like a daunting task.  Amongst the array of financial white noise it is difficult to decide how much you need to save for a turn-key investment and how to finance the down payment.  This article will answer those questions and lay the financial groundwork for how to financially posture yourself to invest with a turn-key provider.

How much do I need to save for a turn-key investment?

This number is going to depend on the purchase price and the type of financing.  For the sake of brevity I will focus on the most common deals that our turn-key providers offer, which are properties with a purchase price between $90,000 and $150,000 with 20% down on a conventional bank loan.  For these types of investments, you should target to save between $20k - $30k.

Our providers can also assist you with finding an investment through a self-directed Individual Retirement Account (IRA).  This deal will look a little...

Continue Reading...
Close

50% Complete

What's the best email for your FREE copy of the Military House Hacking eBook?