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re: Investment property interest rate?

Posted on 5/16/20 at 4:45 pm to
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
73235 posts
Posted on 5/16/20 at 4:45 pm to
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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