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Ocean City, MD Real Estate, Buying Ocean City, MD Vacation Rentals, Investment Property in Ocean City, MD

Buying Second Homes Vs. Investment Properties: What’s the Difference?

Often, the intentions of buyers in the Ocean City, MD real estate market are to own a getaway place at the beach or to generate rental income. Many buyers are unfamiliar with the difference between buying a property as a second home or as an investment property. In fact, depending on your purchasing strategy, it could affect you financially.

In this article, I’ll breakdown the differences between buying a second home verse an investment property in Ocean City, MD. Even if you’re considering options in other markets, this could help you too!

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on September 20, 2018 at 2:43 PM
   
Buying Second Homes Vs. Investment Properties: What’s the Difference?

Often, the intentions of buyers in the Ocean City, MD real estate market are to own a getaway place at the beach or to...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on September 20, 2018 at 2:43 PM
6 Benefits of Owning a Vacation Rental in Ocean City, MD

Many buyers seek to own a beach house in Ocean City, MD. Whether it’s your first place, you’re up-sizing, down-sizing,...

Michael Nolen, Realtor®
By Michael Nolen, Realtor®
on July 12, 2018 at 11:46 AM

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