"True Friends" With low prices and affordable mortgage rates, there is no question that the current economic conditions have helped to create a tremendous opportunity for real estate investors. This is especially true on the Outer Banks. With low prices and great selection, there has never been a better time to buy that second vacation home. Investing in a second vacation home could eventually allow you to be able to pay for the home and use it as your permanent residence when you retire. "Buying and renting out a second home as (0 comments)