Refinancing rental property can be hard to do because banks do not like to do it unless the loan-to-value ratio is low. Refinanced rental property will be listed in the same place that retail property that has not been refinanced is listed.
It is possible to get refinanced for a rental property. The type of refinance would be called non-owner occupied real estate. Rates are often higher for rental property because they are not your primary residence.
Sure, as long as you can find a lender willing to refinance the property and the action does not violate any court order.
To calculate the yield on a rental property, you divide the annual rental income by the property's value and multiply by 100 to get a percentage. This percentage represents the return on investment from the rental property.
If the rental property is residential rental property, depreciate over 27.5 years. If this is non-residential rental property, depreciate over 39 years.
No, you generally cannot drive a rental car if you are not listed as an additional driver on the rental agreement.
Yes, are you thinking about selling your rental property?
Yes, you can sell your rental property to your LLC.
Yes, I can assist you in finding a rental property.
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To calculate rental yield for a property, you divide the annual rental income by the property's value and multiply by 100 to get a percentage. This helps you understand how much return you can expect from the property as an investment.
If the property is jointly titled it would have to be retitled according to state statutes. If a lien has been placed against the property the property cannot be retitled, sold, or refinanced until the lien is satisfied.
Many people are considering taking advantage of the current economy and get rental property loans. One can get rental property loans from one's local bank.