Wednesday, December 8th, 2010
Rental Property Advice : How to Get a Home Equity Loan on a House You Are Renting Out
involvesproperties
Getting a home equity loan on a house that will be rented out involves having at least 20 percent equity in the home, examining a credit report and applying for the loan through various brokers. Get a home equity loan with advice from an experienced property manager and landlord in this free video on rental property.
Expert: Damon Thompson
Bio: Damon Thompson owns three rental properties in Detroit, Mich. and has owned up to seven rental properties at once for more than 15 years.
Filmmaker: Lynell Doyle
Duration : 0:1:38
Topics: home equity loan |
Comments RSS
Get a Free Quote …
Get a Free Quote and Cut your auto and home insurance payment by up to 50% guaranteed :
USE FOR EXCLUSIVE DISCOUNT:
Rep Solution Number- VJAB3
Rep Last Name – DAWSON
Check it out at
by Toll-free Phone line
English (877) 855-8111
Spanish (877) 788-8111
i wont to have like …
i wont to have like 50 prosperitya and buy my own private island.
Greetings,
If you …
Greetings,
If you take an equity loan on a rental property, can you deduct the interest as a business expense?
I understand that if you buy a rental house with a mortgage, you CAN deduct the interest. But what about an after-the-fact “mortgage”?
Thanks