This all sounds exciting. The market is heating up and competition is fierce. Start with meeting a good mortgage banker (unless you are paying cash). Your pre-approval is your ticket to ride. With your financial checkup complete, you can start to investigate the areas of Bucks County that will be good for you. Deciding factors with your formula will need to include taxes, schools, what repairs need to be completed and distance to the property if you plan to do the maintenance as needed yourself. Also, what the rental draw would be in a particular area. There is a lot to consider. Joe and I are very interested in the investment market and live in Bucks County. Click our link if we can be of assistance. Whatever direction you decide.....all the best!
Donna and Joe Cragin
Prudential, Fox and Roach Realtors
963 Street Road
Southampton, PA 18966