{"id":4255,"date":"2024-11-08T14:38:00","date_gmt":"2024-11-08T19:38:00","guid":{"rendered":"https:\/\/tomo.com\/blog\/?p=4255"},"modified":"2026-05-20T10:21:19","modified_gmt":"2026-05-20T15:21:19","slug":"how-to-buy-an-investment-property-your-guide-to-growing-your-money","status":"publish","type":"post","link":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/","title":{"rendered":"How to buy an investment property: your roadmap for growing your money"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">If you&#8217;re thinking about buying an investment property, you&#8217;re aiming for <a href=\"https:\/\/tomo.com\/blog\/how-to-game-the-real-estate-wealth-building-ladder\/\" title=\"long-term wealth\">long-term wealth<\/a> and a steady income stream. But <a href=\"https:\/\/tomo.com\/blog\/is-buying-real-estate-a-good-investment\/\" title=\"real estate investment\">real estate investment<\/a> can be tricky if you don\u2019t know what to look for. Let\u2019s dive in.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Get your financials in order<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Investment properties are high-risk for lenders, which means you\u2019ll need a solid financial foundation:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Down Payment<\/strong>: Expect to put<a href=\"https:\/\/tomo.com\/blog\/what-should-i-put-down-for-my-down-payment\/\" title=\" down \"> down <\/a>at least 20-25%. Lenders usually require more skin in the game because investment properties aren\u2019t protected by the same laws as primary residences.<\/li>\n\n\n\n<li><a href=\"https:\/\/tomo.com\/blog\/what-credit-score-do-i-need-to-buy-a-home\/\" title=\"Credit Score:\"><strong>Credit Score<\/strong>:<\/a> Aim for 700+ to qualify for a better mortgage rate.<\/li>\n\n\n\n<li><strong>Debt-to-Income Ratio (DTI)<\/strong>: Your <a href=\"https:\/\/tomo.com\/blog\/what-is-debt-to-income-dti-in-mortgage\/\" title=\"DTI \">DTI <\/a>should ideally be below 43%, but lenders may be more strict depending on the size of your loan.<\/li>\n\n\n\n<li><strong>Reserves<\/strong>: Lenders like to see six months of mortgage payments saved up, covering both your <a href=\"https:\/\/tomo.com\/blog\/what-does-a-primary-residence-mean-when-getting-a-mortgage\/\" title=\"primary home \">primary home <\/a>and the investment property.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tip: Ensure you\u2019re financially comfortable with the potential for vacancies, unexpected repairs, or periods where rental income might be slow.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/tomo.com\/mortgage\/rates?utm_source=tomo_blog\">See today&#8217;s rates<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Location: the golden rule<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"> <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When it comes to investment properties, location is everything. But it\u2019s not just about finding a \u201chot\u201d market\u2014it\u2019s about understanding the area\u2019s long-term potential. Here\u2019s what to look for:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Growing markets<\/strong>: Look for cities or neighborhoods with population growth, new job opportunities, and upcoming infrastructure developments. These areas are more likely to appreciate over time.<\/li>\n\n\n\n<li><strong>Rental demand<\/strong>: Check rental vacancy rates, average rental prices, and local tenant laws. College towns, urban centers, and tourist spots often have higher rental demand.<\/li>\n\n\n\n<li><strong>Amenities and schools<\/strong>: Proximity to schools, public transportation, parks, and shopping centers can make your property more attractive to renters or buyers.<\/li>\n\n\n\n<li><strong>Crime rates and future development plans<\/strong>: Research crime statistics and future zoning plans. A safe neighborhood with new developments planned is a solid bet for long-term investment.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Set a budget and stick to it<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Once you\u2019ve found a promising location, you need to set a budget for the property. This isn\u2019t just about the purchase price\u2014factor in ongoing expenses like:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Mortgage payments<\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/tomo.com\/blog\/are-property-taxes-included-in-a-mortgage-payment-short-answer-yes\/\" title=\"Property taxes\">Property taxes<\/a><\/strong><\/li>\n\n\n\n<li><strong><a href=\"https:\/\/tomo.com\/blog\/what-is-pmi\/\" title=\"Homeowner\u2019s insurance\">Homeowner\u2019s insurance<\/a><\/strong><\/li>\n\n\n\n<li><strong>Repairs and maintenance<\/strong><\/li>\n\n\n\n<li><strong>Property management fees<\/strong> (if you\u2019re hiring someone to manage the property)<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Pro Tip: Don\u2019t forget to budget for vacancy periods, especially if it\u2019s a short-term rental property. A conservative estimate is to expect the property to be vacant for at least one to two months out of the year.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What to look for in an investment property<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The condition and type of property you choose will directly affect your profits. Here\u2019s what to watch for:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Fixer-upper vs. turnkey<\/strong>: A fixer-upper can be a great deal if you have the time, skills, and capital to <a href=\"https:\/\/tomo.com\/blog\/renovation-loans-the-better-way-to-fund-home-improvements-than-a-heloc\/\" title=\"renovate. \">renovate. <\/a>But be wary\u2014unexpected repairs can add up quickly. A turnkey property (one that\u2019s ready to rent immediately) might cost more upfront, but it saves you the headache of renovations.<\/li>\n\n\n\n<li><strong>Single-Family vs. Multi-Unit<\/strong>: Single-family homes are typically easier to manage, but multi-unit properties can offer more income streams from a single purchase. Multi-units can also provide a cushion if one unit is vacant.<\/li>\n\n\n\n<li><strong>Cash Flow Potential<\/strong>: The property should generate enough rental income to cover the mortgage, taxes, and other expenses, with some left over. A good rule of thumb is the <strong>1% rule<\/strong>\u2014the property should rent for at least 1% of the purchase price per month.<\/li>\n\n\n\n<li><strong>Age and Condition<\/strong>: Older properties can have charm but may come with costly maintenance issues. Newer homes or those with recent updates often have fewer upfront repairs but might come with a higher price tag.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Understand the tax benefits<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Owning an investment property has tax advantages that can significantly boost your profitability:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Deductible expenses<\/strong>: You can deduct <a href=\"https:\/\/tomo.com\/blog\/how-do-interest-rates-work-understanding-how-mortgage-companies-make-money\/\" title=\"mortgage interest,\">mortgage interest,<\/a> property taxes, insurance premiums, repairs, property management fees, and even travel expenses if you need to manage the property.<\/li>\n\n\n\n<li><strong>Depreciation<\/strong>: Even though your property is (hopefully) appreciating in value, the <a href=\"https:\/\/www.irs.gov\/\" title=\"IRS \">IRS <\/a>lets you depreciate the cost of the property over 27.5 years for residential real estate. This can offset rental income and lower your taxable income.<\/li>\n\n\n\n<li><strong>1031 exchange<\/strong>: If you sell the property for a profit, you can defer capital gains taxes by rolling the proceeds into a new investment property, thanks to the <a href=\"https:\/\/www.irs.gov\/pub\/irs-news\/fs-08-18.pdf\" title=\"1031 exchange.\">1031 exchange.<\/a><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Property management: to DIY or not<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Managing a property takes time and effort, especially if you don\u2019t live nearby. Consider your options:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Self-managing<\/strong>: You\u2019ll save money by doing it yourself, but you\u2019ll also be responsible for tenant screening, maintenance, rent collection, and handling any issues that arise.<\/li>\n\n\n\n<li><strong>Hiring a property manager<\/strong>: Property managers typically charge around 8-12% of the rental income, but they handle everything from tenant issues to repairs. This is a good option if you\u2019re busy or own multiple properties.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tip: If you decide to hire a property manager, make sure they have solid reviews and a good understanding of the local rental market.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Factor in extra costs<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The mortgage is just the beginning. You\u2019ll need to budget for these extras:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Repairs and Maintenance<\/strong>: Properties inevitably need repairs\u2014factor in about 1-2% of the property\u2019s value annually for upkeep.<\/li>\n\n\n\n<li><strong>Insurance<\/strong>: Investment property insurance can be more expensive than standard homeowner\u2019s insurance, especially if it\u2019s in a high-risk area (like a vacation home in a hurricane-prone region).<\/li>\n\n\n\n<li><strong>HOA Fees<\/strong>: If the property is part of a <a href=\"https:\/\/tomo.com\/blog\/hoas-the-good-the-bad-the-ugly\/\" title=\"homeowners association\">homeowners association<\/a>, budget for monthly or yearly fees.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Utilities<\/strong>: Depending on the arrangement, you might be responsible for some or all of the property\u2019s utility bills, especially in multi-unit properties or short-term rentals.<\/p>\n\n\n<div style=\"padding-top:var(--wp--preset--spacing--30);padding-bottom:var(--wp--preset--spacing--30);padding-left:var(--wp--preset--spacing--30);padding-right:var(--wp--preset--spacing--30);margin-top:var(--wp--preset--spacing--30);margin-bottom:var(--wp--preset--spacing--30);margin-left:0;margin-right:0\" class=\"has-link-color wp-elements-c54b177fd5d2f341f8967a20726f2ac0 wp-block-post-author has-text-color has-contrast-color has-background has-tertiary-background-color has-large-font-size\"><div class=\"wp-block-post-author__content\"><p class=\"wp-block-post-author__name\"><a href=\"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/\" target=\"_self\">Claire Gallaudet<\/a><\/p><p class=\"wp-block-post-author__bio\">Claire is a Mortgage Analyst at Tomo, where she explores the data and trends shaping the housing market. She is especially interested in how economic forces impact homebuyers. A Seattle native, she now lives in Austin, where she balances analysis and communications with teaching yoga and walks around the lake with her dog.<\/p><\/div><\/div>\n\n\n<p class=\"wp-block-paragraph\">If you&#8217;re ready to start your journey to homeownership, <a href=\"https:\/\/tomo.com\/mortgage\/app\/preapproval?utm_source=tomo_blog\" title=\"\">get pre approved with Tomo Mortgage today.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you&#8217;re thinking about buying an investment property, you&#8217;re aiming for long-term wealth and a steady income stream. But real estate investment can be tricky if you don\u2019t know what to look for. Let\u2019s dive in. Get your financials in order Investment properties are high-risk for lenders, which means you\u2019ll need a solid financial foundation: [&hellip;]<\/p>\n","protected":false},"author":31,"featured_media":4256,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"fifu_image_url":"","fifu_image_alt":"","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[287],"tags":[],"class_list":["post-4255","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-investing"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Claire Gallaudet\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Tomo Mortgage | Reports - Tomo Reports - Mortgage Tips &amp; Real Estate Trends\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports\" \/>\n\t\t<meta property=\"og:description\" content=\"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.\" \/>\n\t\t<meta property=\"og:url\" content=\"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/\" \/>\n\t\t<meta property=\"article:published_time\" content=\"2024-11-08T19:38:00+00:00\" \/>\n\t\t<meta property=\"article:modified_time\" content=\"2026-05-20T15:21:19+00:00\" \/>\n\t\t<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Tomo-101907108761806\" \/>\n\t\t<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n\t\t<meta name=\"twitter:title\" content=\"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports\" \/>\n\t\t<meta name=\"twitter:description\" content=\"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.\" \/>\n\t\t<script type=\"application\/ld+json\" class=\"aioseo-schema\">\n\t\t\t{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"BlogPosting\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#blogposting\",\"name\":\"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports\",\"headline\":\"How to buy an investment property: your roadmap for growing your money\",\"author\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/author\\\/clairegtomonetworks-com\\\/#author\"},\"publisher\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/#organization\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/how-to-buy-an-investment-property-jpg.webp\",\"width\":1254,\"height\":836,\"caption\":\"A professional Hispanic male real estate agent engages with a couple, presenting features of a spacious, sunlit home, while the diverse pair attentively follows along, considering potential ownership.\"},\"datePublished\":\"2024-11-08T14:38:00-05:00\",\"dateModified\":\"2026-05-20T10:21:19-05:00\",\"inLanguage\":\"en-US\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#webpage\"},\"isPartOf\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#webpage\"},\"articleSection\":\"Real Estate Investing\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#breadcrumblist\",\"itemListElement\":[{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog#listItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/tomo.com\\\/blog\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/category\\\/real-estate-investing\\\/#listItem\",\"name\":\"Real Estate Investing\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/category\\\/real-estate-investing\\\/#listItem\",\"position\":2,\"name\":\"Real Estate Investing\",\"item\":\"https:\\\/\\\/tomo.com\\\/blog\\\/category\\\/real-estate-investing\\\/\",\"nextItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#listItem\",\"name\":\"How to buy an investment property: your roadmap for growing your money\"},\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog#listItem\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#listItem\",\"position\":3,\"name\":\"How to buy an investment property: your roadmap for growing your money\",\"previousItem\":{\"@type\":\"ListItem\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/category\\\/real-estate-investing\\\/#listItem\",\"name\":\"Real Estate Investing\"}}]},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/#organization\",\"name\":\"Tomo\",\"description\":\"Tomo Reports - Mortgage Tips & Real Estate Trends\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/\",\"telephone\":\"+14047385385\",\"logo\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/TOMOrealestate_Coral_Stacked-1.png\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#organizationLogo\",\"width\":468,\"height\":103},\"image\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#organizationLogo\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Tomo-101907108761806\",\"https:\\\/\\\/www.instagram.com\\\/wearetomo\",\"https:\\\/\\\/www.tiktok.com\\\/@wearetomo\",\"https:\\\/\\\/www.youtube.com\\\/@wearetomo\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/tomonetworks\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/author\\\/clairegtomonetworks-com\\\/#author\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/author\\\/clairegtomonetworks-com\\\/\",\"name\":\"Claire Gallaudet\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#webpage\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/\",\"name\":\"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports\",\"description\":\"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.\",\"inLanguage\":\"en-US\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/#website\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#breadcrumblist\"},\"author\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/author\\\/clairegtomonetworks-com\\\/#author\"},\"creator\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/author\\\/clairegtomonetworks-com\\\/#author\"},\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/wp-content\\\/uploads\\\/2024\\\/11\\\/how-to-buy-an-investment-property-jpg.webp\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#mainImage\",\"width\":1254,\"height\":836,\"caption\":\"A professional Hispanic male real estate agent engages with a couple, presenting features of a spacious, sunlit home, while the diverse pair attentively follows along, considering potential ownership.\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\\\/#mainImage\"},\"datePublished\":\"2024-11-08T14:38:00-05:00\",\"dateModified\":\"2026-05-20T10:21:19-05:00\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/tomo.com\\\/blog\\\/\",\"name\":\"Just another WordPress site\",\"description\":\"Tomo Reports - Mortgage Tips & Real Estate Trends\",\"inLanguage\":\"en-US\",\"publisher\":{\"@id\":\"https:\\\/\\\/tomo.com\\\/blog\\\/#organization\"}}]}\n\t\t<\/script>\n\t\t<!-- All in One SEO -->\n\n","aioseo_head_json":{"title":"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports","description":"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.","canonical_url":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"BlogPosting","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#blogposting","name":"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports","headline":"How to buy an investment property: your roadmap for growing your money","author":{"@id":"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/#author"},"publisher":{"@id":"https:\/\/tomo.com\/blog\/#organization"},"image":{"@type":"ImageObject","url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2024\/11\/how-to-buy-an-investment-property-jpg.webp","width":1254,"height":836,"caption":"A professional Hispanic male real estate agent engages with a couple, presenting features of a spacious, sunlit home, while the diverse pair attentively follows along, considering potential ownership."},"datePublished":"2024-11-08T14:38:00-05:00","dateModified":"2026-05-20T10:21:19-05:00","inLanguage":"en-US","mainEntityOfPage":{"@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#webpage"},"isPartOf":{"@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#webpage"},"articleSection":"Real Estate Investing"},{"@type":"BreadcrumbList","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#breadcrumblist","itemListElement":[{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog#listItem","position":1,"name":"Home","item":"https:\/\/tomo.com\/blog","nextItem":{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/#listItem","name":"Real Estate Investing"}},{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/#listItem","position":2,"name":"Real Estate Investing","item":"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/","nextItem":{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#listItem","name":"How to buy an investment property: your roadmap for growing your money"},"previousItem":{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog#listItem","name":"Home"}},{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#listItem","position":3,"name":"How to buy an investment property: your roadmap for growing your money","previousItem":{"@type":"ListItem","@id":"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/#listItem","name":"Real Estate Investing"}}]},{"@type":"Organization","@id":"https:\/\/tomo.com\/blog\/#organization","name":"Tomo","description":"Tomo Reports - Mortgage Tips & Real Estate Trends","url":"https:\/\/tomo.com\/blog\/","telephone":"+14047385385","logo":{"@type":"ImageObject","url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2023\/10\/TOMOrealestate_Coral_Stacked-1.png","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#organizationLogo","width":468,"height":103},"image":{"@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#organizationLogo"},"sameAs":["https:\/\/www.facebook.com\/Tomo-101907108761806","https:\/\/www.instagram.com\/wearetomo","https:\/\/www.tiktok.com\/@wearetomo","https:\/\/www.youtube.com\/@wearetomo","https:\/\/www.linkedin.com\/company\/tomonetworks"]},{"@type":"Person","@id":"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/#author","url":"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/","name":"Claire Gallaudet"},{"@type":"WebPage","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#webpage","url":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/","name":"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports","description":"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.","inLanguage":"en-US","isPartOf":{"@id":"https:\/\/tomo.com\/blog\/#website"},"breadcrumb":{"@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#breadcrumblist"},"author":{"@id":"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/#author"},"creator":{"@id":"https:\/\/tomo.com\/blog\/author\/clairegtomonetworks-com\/#author"},"image":{"@type":"ImageObject","url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2024\/11\/how-to-buy-an-investment-property-jpg.webp","@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#mainImage","width":1254,"height":836,"caption":"A professional Hispanic male real estate agent engages with a couple, presenting features of a spacious, sunlit home, while the diverse pair attentively follows along, considering potential ownership."},"primaryImageOfPage":{"@id":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/#mainImage"},"datePublished":"2024-11-08T14:38:00-05:00","dateModified":"2026-05-20T10:21:19-05:00"},{"@type":"WebSite","@id":"https:\/\/tomo.com\/blog\/#website","url":"https:\/\/tomo.com\/blog\/","name":"Just another WordPress site","description":"Tomo Reports - Mortgage Tips & Real Estate Trends","inLanguage":"en-US","publisher":{"@id":"https:\/\/tomo.com\/blog\/#organization"}}]},"og:locale":"en_US","og:site_name":"Tomo Mortgage | Reports - Tomo Reports - Mortgage Tips &amp; Real Estate Trends","og:type":"article","og:title":"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports","og:description":"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.","og:url":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/","article:published_time":"2024-11-08T19:38:00+00:00","article:modified_time":"2026-05-20T15:21:19+00:00","article:publisher":"https:\/\/www.facebook.com\/Tomo-101907108761806","twitter:card":"summary_large_image","twitter:title":"How to buy an investment property: your roadmap for growing your money - Tomo Mortgage | Reports","twitter:description":"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy."},"aioseo_meta_data":{"post_id":"4255","title":null,"description":"Buying an investment property requires stronger financials and a larger down payment. Learn what lenders look for and how to evaluate a deal before you buy.","keywords":null,"keyphrases":{"focus":{"keyphrase":"","score":0,"analysis":{"keyphraseInTitle":{"score":0,"maxScore":9,"error":1}}},"additional":[]},"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":"","og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"BlogPosting","isEnabled":true},"graphs":[]},"schema_type":"default","schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":"-1","robots_max_videopreview":"-1","robots_max_imagepreview":"large","priority":null,"frequency":"default","local_seo":null,"breadcrumb_settings":null,"limit_modified_date":false,"ai":{"faqs":[],"keyPoints":[],"titles":[],"descriptions":[],"socialPosts":{"email":[],"linkedin":[],"twitter":[],"facebook":[],"instagram":[]}},"created":"2024-11-08 19:28:36","updated":"2026-05-20 15:21:43","seo_analyzer_scan_date":null},"aioseo_breadcrumb":"<div class=\"aioseo-breadcrumbs\"><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/tomo.com\/blog\" title=\"Home\">Home<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\t<a href=\"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/\" title=\"Real Estate Investing\">Real Estate Investing<\/a>\n\t\t<\/span><span class=\"aioseo-breadcrumb-separator\">&raquo;<\/span><span class=\"aioseo-breadcrumb\">\n\t\t\tHow to buy an investment property: your roadmap for growing your money\n\t\t<\/span><\/div>","aioseo_breadcrumb_json":[{"label":"Home","link":"https:\/\/tomo.com\/blog"},{"label":"Real Estate Investing","link":"https:\/\/tomo.com\/blog\/category\/real-estate-investing\/"},{"label":"How to buy an investment property: your roadmap for growing your money","link":"https:\/\/tomo.com\/blog\/how-to-buy-an-investment-property-your-guide-to-growing-your-money\/"}],"jetpack_featured_media_url":"https:\/\/tomo.com\/blog\/wp-content\/uploads\/2024\/11\/how-to-buy-an-investment-property-jpg.webp","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/4255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/users\/31"}],"replies":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/comments?post=4255"}],"version-history":[{"count":3,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/4255\/revisions"}],"predecessor-version":[{"id":4274,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/posts\/4255\/revisions\/4274"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media\/4256"}],"wp:attachment":[{"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/media?parent=4255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/categories?post=4255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tomo.com\/blog\/wp-json\/wp\/v2\/tags?post=4255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}