Countries that actually refer to themselves in some way as social democracies or democratic socialist nations in their respective constitutions include Bangladesh, India, North Korea, Portugal, Sri Lanka and Tanzania.
Second Home. To qualify as a second home, the property typically must be at least 50 miles from the primary residence, and it cannot appear that the real estate is being purchased for rental investment purposes. Investment Property. A property that is not occupied by the owner and is typically utilized for rental income purposes.
Many people turn to a second mortgage, also commonly known as a home equity line of credit or home equity loan, when they need to borrow money. The loan can be used for such things as paying off debt, home improvements, or to purchase a vacation home or investment property.