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Buying a Second Home: Everything You Need to Know Beforehand
Introduction to Buying a Second Home As a real estate investor and owner of a vacation rental property, I’ve dealt with numerous ownership questions first-hand. I’ve also read various resources over the years in order to supplement my own experiences. Yet, there are many different resources out there on various…
By Peter DavisChanging Second Home to Investment Property: Mortgages, Taxes and More
If you currently own a second home in the United States or Canada and are considering changing your ‘second home’ to an ‘investment property,’ you have several factors to consider. Generating rental income from your property can be a great way to earn more income, but there are mortgage, tax…
By Vacation Property OnlineHow to Qualify for a Second Mortgage: Follow These Simple Guidelines
Many Americans and Canadians have significant equity built up in their home, which may feel untouchable. However, a second mortgage makes it possible to tap into the equity. A second mortgage is an additional loan taken out on a property that’s already mortgaged. If you have equity built up, a…
By Vacation Property OnlineBest Places to Buy a Lake House in Michigan: Our Top 7
Looking for the best places to buy a lake house in Michigan? We’ve got you covered! These seven cities are close to some of the best lakes in Michigan to own a lake house. Whether you have a more modest budget or a large one, there is something for everyone. …
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