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re: Investment property interest rate?
Posted on 5/16/20 at 4:45 pm to Athletix
Posted on 5/16/20 at 4:45 pm to Athletix
quote:
I want to snowball this single family rental home thing.
absolutely
quote:
With low interest rates I don’t mind the extra leverage on a cash flowing asset. Don’t want to miss out on good properties
right. use smart leverage to expand. You can always years down the road choose to pay some off for more cash flow and less exposure. If you do not like dead equity you can get some HELOC's on them after paid off so you have options should you want to use that for DP's/cash buys/flips, etc on more properties and expanding yet again. So many options in this business.
This post was edited on 5/16/20 at 4:48 pm
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