Movoto

APRIL 24, 2024

You’ll also need to check with local authorities to understand requirements for how to rent a house in your area and any organizations like HOAs or condominium associations, when applicable. Ideally, you’ve renovated and updated the property to modern standards, as this will allow you to successfully obtain an amount on the higher end.

Tenants 36

Tenants Landlords Logistics Insurance 36

Raleigh Realty

MARCH 29, 2021

You can rent the home out to tenants who pay your mortgage and bills while you continue to build your asset. Your neighborhood may require homeowner's association (HOA) fees, too. You'll need to do some renovations. In fact, your lender has a legal obligation to spell out these fees and mortgage terms.

Government 148

Government Real Estate Agent Insurance Property Taxes 148

PennyMac

NOVEMBER 27, 2023

Once you've accumulated enough home equity, you can tap into it for various needs like home renovations, debt consolidation or other expenses. The amount borrowed may even be tax deductible if the funds are used to renovate your home.* Consolidate Debt Your home equity can help you take charge of your debt.

Market Value 36

Market Value Tenants Renovations Insurance 36