4. Benefit from growing equity.
Even at a modest rate of appreciation, real estate will yield a higher return on the cash investment than most other financial investments, such as bonds or long-term CD's. Each mortgage principal payment you make is a payment to yourself. You build equity as your mortgage principal is paid down, even if your investment property doesn't increase in value. Although homes in different parts of town may appreciate at entirely different rates, the key is to have a knowledgeable professional carefully guiding you through the steps. Know how much equity you have and learn to use it to leverage into other properties; then watch your real estate portfolio and your personal wealth grow!
For More Valuable Real Estate Information visit:
Pat Ogle and The AnnapolisHomes4You Team
Champion Realty, Inc
Past Performance is No Guarantee of the Future!
But What Else Do We Have To Go By?