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Pretty self explanatory, I’m looking to add a rental property to my portfolio. I will most likely have the ability to purchase the home outright. Is this a bad idea?? I’m young and have a lot to learn. The purchase price of the house would be roughly 90% of my savings (less than 100k house). But I’ll still have a decent amount.

Also bonus question, has anyone done this with a home equity line of credit?



Submitted August 15, 2020 at 08:40PM by MrEcksDeah https://ift.tt/3kN3CUL

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