What if you could hold onto your current home and still move into a new one? Maybe you’re attached to your low interest rate, but your house just isn’t cutting it anymore. It happens!
Did you know that 78% of buyers who bought during the pandemic are feeling the same way—loving their 2-3% rate but not so much their home anymore?
Here’s an idea that the best Englewood, FL realtors recommend: you could rent out your current place, let that rental income cover your mortgage, and use your equity to step into a new home. Essentially, you’d be turning your home into an investment while keeping that great rate intact. It’s a win-win for the long run!
(Of course, being a landlord isn’t for everyone, but if you’ve got that investment mindset, this could be a game-changer for building wealth and giving you more options.)