The majority of people heading towards retirement prefer to buy a second home in calm and serene places such places like Coastal Delaware. Financial experts suggest buying a second home 2 to 4 years before you retire. So, you might want to look at your options for investing if you plan on retiring in the next decade or so.
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One of the benefits of buying a second home well before your retirement is its ability to generate rental income. If you plan to move into your vacation home once you retire, passive income generated from renting it will certainly be useful. Another benefit is that you get to live in a calm place which will keep you healthy.
If you are planning retiring soon I can help you to qualify for a second home loan even under stringent regulations. 90% of my clients usually think you need make a down payment greater than 20 which incorrect - you can put as little at 10% down.
If you have the plan to spend your post-retirement days in peace is a dream for many and truth for a select few - take a second to fill out the form below.
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