![A couple standing together, the man is holding a key](https://www.bankrate.com/2023/08/11121223/Homes-Second-home-vs-investment-property-Different-mortgage-requirements-and-rules.jpg?auto=webp&fit=crop&width=230&height=150)
Second home vs. investment property: Different mortgage requirements and rules
Earning some money from your property doesn’t automatically make it an investment.
Lena Muhtadi Borrelli has several years of experience in writing for insurance domains such as Bankrate, allconnect, Healthline, Reviews.com, HomeInsurance.com, My Slumber Yard and MyMove. She is a financial expert who previously worked for Morgan Stanley and now specializes in all forms of insurance. Her work has also recently been published on sites like TIME, ADT, Fiscal Tiger, Bankrate, The Simple Dollar and Home Advisor, as well as many other websites and blogs around the world.
Earning some money from your property doesn’t automatically make it an investment.
Up to four, usually. But it’s complicated.
But be careful, lest a strategy end up costing you more in the long run.
The choice of PAYE versus SAVE comes down to your financial situation.
These home equity loans can be a source of cash for seniors, albeit a costly one.
It’s usually not a problem — but it doesn’t get you out of payments, either.
Arizona home sellers pay most of the usual fees and closing costs.
It’s possible to sell without a Realtor in North Carolina, but it’s complicated.