In today’s market, it’s not easy to find the best mortgage rates for rental property. In fact, with so many lenders having had to eat flipped houses that ended up being foreclose upon, some banks will almost refuse to touch an investment mortgage. But there are a few things that you can do to help you get the best rates for your rental property mortgage.
Buying investment properties is a great way that you can supplement, and someday maybe even replace, the income from your day job. Regardless of whatever investment property strategies that you use, you will want to find a property that gives you a good return on your investment and that most likely will also be able to be rented out to either tenants or vacationers.
Island living at a comfortable price? It is definitely possible to have this experience when you choose Koh Samui as your destination. This island off the east coast of Thailand became a municipality and boasts local self-government. For those with a real interest in living here, it is a great time to buy a condo in Koh Samui.
It is the nation’s second-largest island (Phuket is the largest), and has a population of just a bit more than 60,000. The gorgeous landscape and other attractions have made it a favorite destination for tourism, evidenced by the consistently high occupancy rates in the area.