Want To Be A Landlord? 7 Things To Know Before Becoming A Landlord

Posted by Florida Realty Marketplace on July 24th, 2017

Want to be a landlord? 7 things to know before becoming a landlord

Here’s how to avoid common mistakes of first-time landlords.

First-time homebuyers are a declining group. Historically, 40% of homebuyers have been first-time buyers, but that percentage continues to shrink, even as millennials continue to show more interest in becoming buyers (eventually). If you’re already a homeowner, your wheels might be spinning right about now — if people aren’t buying starter homes, then the rental market has to be booming, right? It is in many areas, particularly where unemployment is low, the population is high, and homes are not overpriced. But before you start searching for a home for sale in Davenport, FL to rent, you should think about the…

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How to 'Cash Out' Your Rental Property - 2017 Guidelines And Mortgage Rates

Posted by Florida Realty Marketplace on February 27th, 2017

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…

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