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What is an investment property?

An investment property is real estate that has been bought with the purpose of earning a return on the money put into the purchase. The intention might be to rent out the property, to hold onto it for some time and sell it for a profit in the future, or to renovate or rehabilitate a property and then resell it quickly for a profit. In most cases, investment property owners do not use the home as a primary residence.

 
 
James Ricks