"Rentvesting" means that someone rents their primary residence while trying to enter the housing market by buying a home they can afford elsewhere.Not every renter wanting to buy a home dreams of ditching their lease. Some wish to remain tenants even as they become landlords.
"So they would look for a less expensive market where their savings might be able to translate into a nice down payment," said Hale. He said lower rates are going to be"welcome news" for rentvesters looking for a mortgage. But it will be important to keep in mind that rental prices are"They might have a hard time filling it with a tenant if there are other properties down the street that are renting for less," said Fairweather.
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