Buying a second home as rental property makes a great centerpiece to your retirement plan. It forces you to make regular savings in the form of mortgage payments that become your equity.

You only need cash for the down payment, and you should make sure that your monthly rental payments will cover the mortgage and any additional expenses. This is a real possibility if you buy the right house at the right price because a good single-family house should always stay rented. Your investment money is subject to less income tax, and the interest and property taxes may be deductible.

Housing has appreciated in value all over the country in recent years, making a second home an important hedge against inflation. Most experts predict that interest rates for fixed-rate and adjustable mortgages should remain in single digits for the foreseeable future, so it should be easy to acquire financing with a small down payment.

Call an agent with your real estate questions. They have helped hundreds of people to sell their homes and properties--and to purchase the home of their dreams.

	See All Tips In The "Investment Real Estate" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

The Wendy Willis Group
Coldwell Banker Residential Brokerage
61 State Street
Newburyport, MA 01950
978-270-1872
Fax: 978-992-4081
TheWendyWillisGroup@NUMBER1EXPERT.com

www.TheWendyWillisGroup.com is brought to you by The Wendy Willis Group
NUMBER1EXPERT™ in real estate for Newburyport, West Newbury and Newbury, Massachusetts

Read The Wendy Willis Group's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge