Self-employed and interested in tapping into your home's equity with a second mortgage? A bank statement loan can help you bypass traditional tax return requirements, which can muddle the reality of ...

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Normally when someone has a low mortgage rate, they don’t refinance into a higher one ...

Did you know your home can serve as collateral for multiple loans at once? If you take out a loan that’s secured by your home when you already have a primary mortgage, your new loan is called a second ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

If you’re saving for retirement, have a solid emergency fund and don’t carry any credit card debt, you may be in a good financial position to buy a second home. Be sure to budget carefully, accounting ...

Real estate is considered an attractive investment option because of the potential benefits the market provides. When done right, buying an investment property can be an effective way to build wealth ...

Second homes may seem just like primary residences, but when it comes to financing, taxes and expenses, there are some important differences. Before you step into the second home market, you’ll want ...