Hi All,
What is the process of converting your home into an investment property?
My understanding is you call up the bank to change the loan to an investment/interest only loan.. i think?
You acquire a property manager and purchase land owner insurance
You change all your bills so that it is delivered to the tenant instead
... and that is where i'm stuck, am i missing something?
What is the process of converting your home into an investment property?
My understanding is you call up the bank to change the loan to an investment/interest only loan.. i think?
You acquire a property manager and purchase land owner insurance
You change all your bills so that it is delivered to the tenant instead
... and that is where i'm stuck, am i missing something?