Purchasing your first rental property is a big step in your real estate investor journey. Aside from choosing a potentially profitable property, you need to figure out how to finance your rental.

Before sharing how to apply for an investment loan, let’s look at how a primary home mortgage differs from a rental property mortgage.

The Difference Between a Mortgage for a Primary Home and a Rental

On the surface, a mortgage for a rental may look similar to a mortgage for a primary home since the application process is the same. However, there are different rules and guidelines lenders follow when you apply for a mortgage on a rental property.

Larger Down Payments

For a primary home, you can make as little as a 3% down payment in some…

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This rare newer build in Cherokee Park offers all the charm you'd expect in one of Nashville's most coveted historic neighborhoods but with the ease of a modern home! The home features timeless finishes in the large renovated kitchen, an extra large primary suite with a renovated bathroom, hardwoods throughout, classic millwork, built-ins, a gas fireplace, plantation shutters, and more. Outside offers a beautiful fenced backyard with room for entertaining space, plus a detached two-car garage. This fantastic home is located on a coveted dead-end street that is convenient to all Nashville has to offer – just 10 minutes from downtown!

Listed by Happy Tara Homes

Click Here to Learn More About This Home!

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Tennessee is one of the nation’s best hiking states, so head out anytime between now and late fall to enjoy some of the most beautiful natural sites on earth. Today we’re sharing our top Middle Tennessee hiking spots!

The following ten trail locations, each unique in difficulty and terrain were collected to suit every hiking level. Whether you’re a wheelchair user or a seasoned wilderness hiker, you’ll find your next hike below. Please visit the site linked for each destination for further details, including hours of operation, pet policies, and descriptions of the hiking trails available.

Harpeth River State Park - Hidden Lake
7851 McCrory Ln | Nashville

Harpeth River State Park’s Hidden Lake is reachable by three trails. You’ll pass…

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Much of the southeast US is home to phenomenal music, but Tennessee holds a central role in the country’s musical history. Blues, bluegrass, classic country, country pop, rock ‘n’ roll, and southern gospel all have roots that sprouted right here! Today, Tennessee is 1st in the nation for employment in music publishing, and third for employment in musical instrument manufacturing, sound recording, record production, integrated record production and distribution, and numbers of musical artists and groups.

Clearly, Tennessee and music are inseparable. In honor of our region’s love of music, we’re proud to share Parks Realty’s picks for the Best Music Venues in Middle TN! You can’t help but have the time of your life when you’re enjoying a truly great…

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Tucked away in the beloved gated country club of The Grove, this almost new, gorgeous, modern English Cottage home has it all with over $250,000 in appointed upgrades! The moment you enter, you are greeted with its light-filled open layout and stunning views. The home features an impressive kitchen with a spacious butlers pantry that makes entertaining a delight. You can welcome guests over to stay in the grand in-law suite that is privately located just off of the the secondary staircase. Enjoy the fun bunk room, craft room, and large bonus room that provides space for everyone to spread out. Don't forget about the two inviting porches with multiple seating areas, a fireplace, and a grill. To top it off, you also have access to the finest…

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Parks Realty has been awarded five awards by Leading Real Estate Companies of the World®, a global network of market-leading independent real estate firms. These awards include Million Dollar Club, Momentum Club, Marketing Contest, and President's Service Award, a top individual honor awarded to Michele Barnes, Parks Director of Relocation. The awards were presented during the Leading Real Estate Companies of the World® 2022 Annual Conference, March 7-10, at Wynn Las Vegas.

Parks was presented the Million Dollar Club Award for 13 of its 129 outgoing referrals selling for more than $1,000,000. This award recognizes members sending two or more outgoing closed referrals with an actual sales price of $1 million or greater.

Parks was named to the…

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How is the market? It’s a question our agents get asked a lot, and for good reason. If you’re considering buying a new home or selling one that you already own, the market trends and predictions are important in the decision-making process. Below is our most recent market update information for Davidson, Maury, Rutherford, Sumner, Williamson, Wilson, Bedford, Coffee, Dekalb, Robertson, and Montgomery counties to help you make the most informed and beneficial choices possible.

 

 

See the Previous Month's Stats!

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This gorgeous home in Sylvan Park was intelligently constructed for open concept, effortless living! The home features a large covered porch off of the living room that creates an ideal entertaining space, a lovely kitchen, high-end finishes throughout, multiple fireplaces, tons of living space, plenty of storage, and a detached two-car garage that includes a finished room above with heating and cooling. Located in a peaceful neighborhood convenient to The Nations, Charlotte Ave, and West End, this home has it all.

Listed by Matt Ligon & Jessica Ligon

Click Here to Learn More About This Home! (Under Contract)

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At first glance, a small living room can present a true design challenge. If yours feels cramped and crowded, you’re less likely to kick back and relax in it, let alone use it to entertain your friends and family. The good news is, there are elegant design strategies to suit living rooms of any size. You’ll need to plan ahead, employ some clever styling, and be prepared to think outside the traditional oversized American box, but keep at it: the results will speak for themselves!

The following 12 tips are our recommendations on how to decorate a small living room without skimping on style!

1.) Skip the Sofa

While the image that springs to mind when we think of a living room usually features a sofa as a main feature, anything bulkier than a…

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One of the most treasured aspects of home ownership (second only to the financial advantages over renting) is the ability one has to make their abode uniquely their own. Once you own a home, you can remodel the kitchen, replace the flooring, create your dream spa bathroom, update the landscaping, and of course, paint your home’s interior in absolutely any way you please. 

Even so, if this isn’t destined to be your forever home and it’s probable that you’ll eventually want to re-sell it, ideal exterior and interior design options are more limited. The brightly colored exterior trim, oxblood living room accent wall, vivid violet nursery with turquoise accents, or blocky Minecraft-themed child’s bedroom you’ve treasured during your time as this home’s…

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