Tag Archive: rental property

Are Single Family Rentals Still a Good Investment?

August 19, 2015 by Leave a comment

With discount-priced foreclosures drying up, are single family rentals still such a good investment? The foreclosure floods over past four years created unprecedented opportunities for investors to buy homes for a song, rehab them, and either resell or rent them out. Some four million homes switched from owner-occupancy to rentals during that period—that’s nearly homes... View Article

Read More

Thinking About Renting Out Your Residence as a Vacation Home? What You Should Know

October 13, 2014 by Leave a comment

When handled correctly, a vacation rental can bring in a lot of extra income each month, but it also comes with built-in liability. Whether you have an existing home that would make a great rental or you’ve been considering purchasing one, a few things should be considered before you make the move. By following the below... View Article

Filed under: , ,
Read More

After I buy a home and rent it out, how long do I have to wait to take out a home equity line of credit on that property? I’d like to do this quickly so I can use my line of credit to buy another home.

September 26, 2014 by Leave a comment

The good news is that you can take out a home equity line of credit, better known as a HELOC, on a rental property. Most lenders will give you a HELOC – if your credit is good – on rental properties that have up to four units. And lenders don’t care what you’ll use your... View Article

Read More