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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.

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12y ago

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Can you get refinanced if the property is rental property?

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.


Can a house be refinanced by one of the owners to buy the other owner out while it is listed for sale?

Sure, as long as you can find a lender willing to refinance the property and the action does not violate any court order.


How do you calculate the yield on a rental property?

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.


What is the Depreciation of a replacement air conditioning unit on 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.


Can you drive a rental car if you are not listed as an additional driver?

No, you generally cannot drive a rental car if you are not listed as an additional driver on the rental agreement.


Are you considering selling your rental property?

Yes, are you thinking about selling your rental property?


Can I sell my rental property to my LLC?

Yes, you can sell your rental property to your LLC.


Can you help me find a rental property?

Yes, I can assist you in finding a rental property.


What would I say my profession was if I owned apartment complexes?

landlordowner of rental propertylandlordowner of rental propertylandlordowner of rental propertylandlordowner of rental property


How do you calculate rental yield for a property?

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.


Can a home be refinanced in the husband's name only to pay-off the wife's bankruptcy so they can buy a new home?

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.


Where can one get rental property loans?

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.