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

Is It Time to Refinance Your Rental Property?

April 9, 2014 by 2 Comments

Homeowners often choose rental property ownership as an investment. However, as rates drop and prices rise (or vice versa) it may become necessary to refinance, whether to take advantage of that lower interest rate or to lower monthly mortgage payments. As many homeowners have learned in recent years, the process of refinancing isn’t as easy... View Article

Filed under: ,
Read More