Monday, October 5, 2020 / by Kevin Kauffman
When thinking about vacation homes, think through the lens of affordability. What type of loan programs are available to you? How much cash is required for a down payment? Is the cost of this purchase a number you can afford?
"Ultimately, it comes down to your personal situation."
There are also a lot of ways to consider investment properties. You might be after cash flow, future appreciation, rate of return, etc. Think about what you want to get from the property to help you determine whether a particular purchase makes sense for you.
So ultimately, it comes down to your personal situation, which is why we like to sit down with our clients and learn about their personal needs.
If you have any questions or would like more personalized advice to help you make this decision, reach out to us today. We’d love to speak with you about your ideas and provide relevant guidance to help you find what you’re after.