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If you’re interested in property investment, you should be aware of how adverse possession works. It may influence your decision to invest. At the least, it should encourage you to chat with the specialists on where to buy an investment property.
Getting a mortgage is a big hurdle to overcome, and then there’s the deposit, which can be as high as 20%. Lenders are tightening up slightly, so getting pre-approval isn’t a given. However, if you and your partner are both in employment, have decent salaries, and have a good credit score, you can approach a mortgage broker. Here are a few funding options to consider.
As a property manager, ensure your tenants sign a leasing agreement before settling on your property. The tenancy agreement can either be a periodic or fixed-term agreement. Here is an important guideline to know your legal responsibilities with a tenant eviction.