Tag Archive for: second homes

8 Ways Parents Can Help Their Kids Buy Homes

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Parents frequently ask about the best options for helping their kids buy homes, so I thought I’d set out a few in this blog. If kids have sufficient income to qualify themselves and only need cash, a willing parent should simply “gift” the necessary funds for the down payment and closing costsRead More

A Second Home Vs. An Investment Property

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Looking to purchase a second home? Or maybe your goal is to buy an investment property. It’s important to know the difference between an investment property and a second home. Especially because obtaining mortgage financing for each of the two is a very different process where the costs can vary dramatically. Read More