Quote:
Originally Posted by MrMaxwell
Since you can borrow money at historical lows.. for NOTHING.. wouldn't you be better off borrowing out of your investment properties in order to buy more? Not so much that your current properties wouldn't cashflow, and comfortably, allowing for vacancy and upkeep... but if it's doable, do it ... you end up with more .. alot more .. every time you end up with too much equity, you pull it out.. borrowing is tax free or at least deferred 
How much of my income do I save.. ?
Whatever's left over to put in my belly.. LoL over here.. hell |
When I buy my next property I'll go over all of that with my Financial guy. He keeps me right, does what is best for me at the time. If I have the cash on hand I prefer to pay the downpayment and forget about it. However if I can buy more properties over a shorter space of time then I'm gonna look into it.