Rental homes can be a natural alternative investment choice for homeowners because they are already familiar with houses. Maintenance on a rental is not that much different than on your personal home. The same plumbers, painters and other workmen can be used to make repairs.
Single family homes offer an investor high loan-to-value mortgages at fixed interest rates for long terms on appreciating assets with defined tax advantages and more control than other investments.
- High loan-to-value mortgages – most investments require that you pay cash but rental properties can be purchased with 20% down payment.
- Fixed interest rates – most commercial loans are based on a floating rate such as prime interest plus one or two percent compared to real