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

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

   What are the alternatives to using a home equity loan when buying a second property? Home equity loans and HELOCs are a popular financing tool these days – but they aren’t your only option. In ...

3. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Buying a second home is a lot like buying your first property. If you’re not purchasing with cash, you’ll need to get preapproved for a loan and work with a real estate agent with experience ...

4. 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.

5. Have Home Equity? Experts Explain Why You Should Use It To ...

   www.aol.com/home-equity-experts-explain-why...

   Another reason to use equity to purchase a second home is the fact that the loan terms will most likely be favorable when compared to taking out a ... If you buy a second home with equity, you can ...

6. Wraparound mortgage - Wikipedia

   en.wikipedia.org/wiki/Wraparound_mortgage

   The seller, who has the original mortgage sells his home with the existing first mortgage in place and a second mortgage which he "carries back" from the buyer. The mortgage he takes from the buyer is for the amount of the first mortgage plus a negotiated amount less than or up to the sales price, minus any down payment and closing costs. The ...

7. What is a second mortgage, and how does it work? - AOL

   www.aol.com/finance/second-mortgage-does...

   Key takeaways A second mortgage is a home-secured loan taken out while the original, or first, mortgage is still being repaid. Like the first mortgage, the second mortgage uses your property as ...