Thursday, August 15, 2013
Investor vs Owner Occupant residiential invesstment differences
Investors are looking for profits. Most owner occupants are looking for other units to pay for all or part of the monthly mortgage. Investors are looking for either a long term consistent cash flow or a quicker fix and flip return. Investors want a return of capital in at most 10 years: Owner Occupants are looking for yearly breakeven cost if possible.
How do you know what your buyer is looking for and if this is a good potenatial profit for your client is dependent on what your client wants. The only way to discover this is to ask.
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