: Buying a property that needs work, renovating it quickly, and selling it for a profit.
: Purchasing a property to rent out for long-term income and value appreciation. steps to buying your first investment property
Before looking at listings, you must decide how you intend to make money. Clear goals prevent you from being distracted by properties that don't fit your financial criteria. : Buying a property that needs work, renovating
: Buying a multi-family property (like a duplex), living in one unit, and renting out the others to cover your mortgage. renovating it quickly