Gaslamp Realty
Where The Historic and The Modern Meet
First-Time Investors Tips
There is no reward without risk.
To begin building your real estate portfolio you must first define your goals and ask yourself what kind of involvement you want. Will you pay cash or use leverage? There are also tax and liability implications to consider. Gaslamp Realty will guide you through the process and can recommend other industry professionals to advise you including attorneys, tax professionals and financial consultants.
Lending institutions regard investment property as more risky than owner occupied property and will likewise require 1) more down payment; 2) higher interest rates; and 3) many more requirements of the borrower, the loan and the property itself. Visit our Community Resources page to speak with a Loan Officer who can answer all your lending questions.
Check out the following link for useful information: San Diego Regional Enterprize Zone
Call Gaslamp Realty to get off on the right foot for your first investment 619-795-4756