funding outer banks beach home
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Starting your Beach Investment - Grow your Assets
Two Components
YOUR CAPITAL
LENDER
  Typical Cash Invested

20% of the Purchase Price
+ Closing Costs
Standard Loan = 80%
YOUR CAPITAL SOURCES
LOAN REQUIREMENTS
1. Savings, Cash, etc.
2. Stock Portfolio
  • Sell appreciated stocks
  • Sell losing stocks (Benefits either way)
  • Borrow against your stocks

3. Equity Growth in your first home.
    Use this tax free asset.
  • Refinance your home at today's
    low interest rate
  • Take out Home Equity Loan

4. Borrow against Life Insurance Policy
5. Sell other investment property with a tax free exchange and use $$ to grow assets.
1. Good Credit
2. Property must appraise at contract price
3. Payments covered by:
  • Either A. Personal Income
    (Second home loan)
  • Or B. Rental Income
    (This is an investors loan - usually a slightly higher interest rate)
YES
You can get
a 90% loan
Harder to 'break even'
but sometimes a good strategy

Mortgage Calculator

Save on Federal & State Capital Gains
with a Tax Deferred Like-Kind Exchange

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Outer Banks complete MLS listings  

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Lilias Morrison - 252-202-7743
Real Escapes Properties  •  PO Box 98, Harbinger, NC  27941
positive cashflow