Rental Property Owners Tap Into Rising Equity
Home prices are up -- way up.
According to the Federal Housing Finance Agency, home values have risen nearly 35% nationwide since 2012.
That's giving real estate investors a new opportunity to "cash out" the equity on their rental properties to accomplish a number of goals:
- Buy another rental property
- Make rental property improvements
- Pay off other real estate loans
- Reduce personal debt
With mortgage rates at half their historical norm, it could be an ideal time for rental property owners to put their equity to work.
Click to see today's rates (Feb 27th, 2017)
Why Get A Cash Out Rental Property Loan?
Home investors can get more benefit from their rental property…