March 6, 2008

Refinance Your Home to Buy Investment Property - A Good Idea?

Refinance Home Loan

Would-be investors often ask whether or not it s a good strategy to refinance their home in order to purchase investment property. The answer is a definite: maybe, but it depends upon a variety of factors.

Risk

Whenever you take on an investment property by borrowing the money to get it, you re assuming a risk that the cost of borrowing that money will outpace the property s income, which can cause severe negative consequences over time.

HELOC

Sometimes it makes more sense to take out a home equity line of credit…
Refinance Home Loan

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January 6, 2008

Refinance Your Home to Buy Investment Property - A Good Idea?

Refinance Home Loan

Would-be investors often ask whether or not it s a good strategy to refinance their home in order to purchase investment property. The answer is a definite: maybe, but it depends upon a variety of factors.

Risk

Whenever you take on an investment property by borrowing the money to get it, you re assuming a risk that the cost of borrowing that money will outpace the property s income, which can cause severe negative consequences over time.

HELOC

Sometimes it makes more sense to take out a home equity line of credit… Refinance Home Loan

Spread the word

del.icio.us Digg Furl Reddit Help

Permalink • Print

Related Entries

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