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2. Should you buy a second home? - AOL

   www.aol.com/finance/buy-second-home-191849101.html

   A second home can also act as a buy-and-hold investment — real estate does tend to appreciate in value over time — and be a valuable asset to pass on to heirs.

3. Can you use home equity to buy a second home? - AOL

   www.aol.com/finance/home-equity-buy-second-home...

   There’s one way the tax break might still apply with a second-home purchase, Shirshikov says: “Buying adjacent land or property can be considered part of this [home enhancement], especially if ...

4. How Rich Do You Need To Be To Buy a Second Home? - AOL

   www.aol.com/rich-buy-second-home-190011314.html

   Only purchase a second property if you are ready to front the entire cost with cash, according to Ramsey Solutions. ... and one should talk to a real estate agent in order to discern if buying a ...

5. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   In general, second mortgages are subject to higher interest rates relative to the primary loan as they possess a higher level of risk for the second lien holder. [10] [11] [12] In the event of foreclosure, in which the borrower defaults on the real estate loan, the property used as collateral to secure the loan is sold to pay debts for both ...

6. Internal Revenue Code section 1031 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Generally, "like kind" in terms of real estate, means any property that is classified real estate in any of the 50 U.S. states or Washington, D.C., and in some cases, the U.S. Virgin Islands. Taxpayers who hold real estate as inventory, or who purchase real estate for re-sale, are considered "dealers".

7. Mortgage law - Wikipedia

   en.wikipedia.org/wiki/Mortgage_law

   A mortgage lender is an investor that lends money secured by a mortgage on real estate. In today's world, most lenders sell the loans they write on the secondary mortgage market. When they sell the mortgage, they earn revenue called Service Release Premium. Typically, the purpose of the loan is for the borrower to purchase that same real estate.