inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/logo.png
Your Real Estate Specialist for Buying and Selling in Central Oregon!!
  • Home
  • Listing Search
    • Bend
    • Redmond
    • Sisters
    • $500,000-$750,000
    • $750,000+
  • Buyer Resources
    • Glossary of Real Estate Terms That Will Make Your Life Easier
    • 4 Questions to Ask Before Buying a Home
  • Sellers
    • 4 Questions to Ask Before Selling a Home
  • Home Worth
  • About
inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/bill-panton-500x480-c-center.jpg
541-420-6545
Sign In
Sign Up
inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/logo.png
Your Real Estate Specialist for Buying and Selling in Central Oregon!!
inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/logo.png
Your Real Estate Specialist for Buying and Selling in Central Oregon!!

5 Financial Steps to Take Before Investing in Real Estate

inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/bill-panton-500x480-c-center.jpg
Bill Panton,02/8/2022

If you’ve been thinking about investing in real estate, here’s what you need to do before heading out to shop for properties.

 

  1. Create a financing plan

  • What’s your current income?

  • How much do you have in savings?

  • Can you get a mortgage loan?

  • Will you pay in cash?

 

 

 

  1. Keep your credit healthy

  • Request a copy of your credit report.

  • Dispute any errors.

  • Pay all your bills on time.

  • Pay down high-interest debt first.

  • Be strategic about opening or canceling lines of credit.

 

 

 

  1. Get pre-approved for a mortgage

  • You’ll need the following in order:

    • Personal documents

    • Tax returns

    • Proof of income

    • Proof of assets

    • Summary of debt

     

     

     

  1. Do your homework

  • Compare different mortgages from different lenders.

    • What interest rates are they offering?

    • How much will they lend you?

  • Check in with your current bank and others, too.

 



 

  1. Establish liquid funds

  • You’re going to need some cash on hand to buy, if only for a down payment and closing costs.

  • Don’t forget about renovations and repairs.

  • If you’re flipping a house, you’ll need to consider your monthly cash flow.

    • Secure a backup source of cash. 

Print Details
Previous post
Next post
Should You Manage Your Own Vacation Rental?
30 Tips for Moving with Kids or Pets

Have a question?

SEND
Submitting
Succes! Your message was sent!
Oops! Error occurred.

Search listings

Enter city, zip, neighborhood, address…
Loading in progress…
No results found
Type in anything you’re looking for
Search
inception-app-prod/NjM1M2E4MTgtNzFmYi00ZWM1LWI0YzMtYWM4OWZjZjM2YWE2/logo/2017/10/logo.png

Office

Duke Warner Realty
1033 NW Newport AveBend
Oregon 97703
541-330-2154
bpanton@dukewarner.com

About us

  • Home
  • Listing Search
  • Buyer Resources
  • Sellers
  • Home Worth
  • About

Consumer Protection & Privacy

  • Accessibility
  • DMCA Compliance
For ADA assistance, please email compliance@placester.com. If you experience difficulty in accessing any part of this website, email us, and we will work with you to provide the information.

© 2022 All rights reserved

Created with Placester

Sign in

Sign In
Forgot your password?
Create an account
You have been successfully logged in
The page will reload automatically.
Go to the homepage
Sorry something went wrong
Login or password are incorrect. Please try again.
Try again

Sign Up

Sign Up
Already a User? Sign In
You have been successfully registered
Please check your email.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Reset password

Reset password
Return to Log In
Reset password email has been sent.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Change password

Change password
Sign Up
Your password has been successfully reset.
Go to the homepage
Sorry something went wrong
Please try again.
Try again

Central Oregon Home Search

As a long time resident of Central Oregon, let me show the best of what we have to offer and what our lifestyle is all about. I am well versed in all types of properties available in the region and look forward to working with you to find the property you have been dreaming of.
Send
Succes! Your message was sent!
I appreciate that you have taken the time to visit my site for researching properties in Central Oregon and look forward to working with you to fulfill your dreams.
Back to homepage
Oops! Error occurred.
Please try again.
Back to form
Already a User? Sign In

Account verification in progress

Account Verified!
You may now log in into your account
Go to the homepage
Verify your email address
In order to log in to your account, you need to confirm your email address. Please check your inbox!
Go to the homepage

Share this listing

Copy Link