Today's Market

updated 1 day ago Sponsored by:
DOW 18,080.14 21.45 0.12%
S&P 500 2,117.69 4.76 0.23%
NASD 5,092.09 36.02 0.71%

Community: Investing Wiki

Term Of The Hour

investment-property credit requirements: Original post by Daria Kelly Uhlig of Demand Media Converting a second home into an investment property is a big step. The home you've enjoyed for leisure is suddenly a business, with all the benefits and risks of business ownership. Leveraging your credit to finance renovations or to abide by the terms of your current second-home mortgage is a sound business practice that preserves cash flow. A…

Want to learn more or edit this definition?
Click here to read more!