How to Buy Rental Property Smithtown NY

Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you've found a good deal - especially the first time. Here are some things to look for to be sure that rental is a great investment.

Local Companies

Schonfeld Securities
(516) 822-0202
1 Jericho Plaza
Jericho, NY
Bonanno Homes Realty Inc
(516) 420-9055
1068 N Broadway
Massapequa, NY
Coldwell Banker Manor Gate
(516) 785-2400
3521 Jerusalem Ave
Wantagh, NY
Long Island Horse Properties
(631) 724-4800
19 W Main St
Smithtown, NY
All Island Appraisal & Realty
(631) 587-4600
260 W Main St
Bay Shore, NY
Levitz Home Furnishings Inc.
(516) 496-9560
300 Crossways Park Drive
Woodbury, NY
Hamilton Homes
(631) 435-0870
176 Daly Rd
East Northport, NY
Hough Guidice Realty Assoc
(631) 360-2900
465 Smithtown Blvd Ste 2
Nesconset, NY
Park Place Realty Group Llc
(631) 574-1660
330 S Service Rd
Melville, NY
Hpm Property Management
(631) 828-1162
4390 Nesconset Hwy
Port Jefferson Station, NY
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If you're ready to buy the home of your dreams, but your credit or savings isn't quite ready yet, a lease with option to buy (often simply called a "lease option" or, somewhat inaccurately, "rent to own") may help you move in. Lease options, in which you lease (rent) a property and have the option to buy the property at the end of the lease term, can allow you to control a home that you want even if you don't have enough money for a down payment yet. A lease option may also be helpful if you need some time to improve your credit before you can get a good mortgage rate.
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