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Five Ways to Make Money from a Single Family Home

A single-family home is an asset that you can leverage in several ways to generate passive income. You can rent out the property to a tenant and charge them monthly rent. This will require you to screen tenants, as well as make repairs on the home to keep it habitable for renters.

Or you can sell it on a lease-to-own agreement to someone who wants to buy but doesn't have 20 percent down. This allows you to live off of the monthly rent while the tenant saves up cash for a down payment.
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Uploaded on February 24, 2022 by reviewprestige To Album: Picture Box

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reviewprestige, on February 24, 2022

You're never too young to start investing in real estate. You don't need a huge chunk of cash or even good credit to get started.
You can buy a single-family home and live in it, or rent it out, or you could take the rent from a tenant and use it to pay the mortgage on the property.
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Five Ways to Make Money from a Single Family Home

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reviewprestige, on February 24, 2022

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