As you know, as part of the PhREI network, we decided to start a weekly roundup to share new activity from across the network. Enjoy!
Ian Cook of Carpe Diem MD discusses how to finance your short-term rental property. He suggests 10% down, and goes over conforming versus non-conforming loans. He details Freddie Mac and Fannie Mae second home eligibility requirements as well. There’s a lot of good information in this post that will help you learn more about financing in general, and especially when it comes to second home-buying.
Daniel Shin of The Darwinian Doctor is talking in detail about principal paydown and how it is a stealth wealth technique. He further talks about how it is a benefit of owning and/or investing in real estate, and what his personal thoughts on it are!
What is a circle of competence? And how does it relate to finance? Even further, how do you stick to your financial circle of competence as a doctor? Well, look no further… That’s what I’m here to explain to you!
Love the PhREI network roundup? We have a bunch of ways for you to customize how you follow us!