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Peter Grosso
Pro Member
  • Real Estate Agent
  • Farmingville, NY
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164
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How much does having loan on your rental help or hurt?

Peter Grosso
Pro Member
  • Real Estate Agent
  • Farmingville, NY
Posted Aug 20 2014, 21:09

Hello All, 

So I have one rental property with a equity loan on it.  Does it become continually easier to borrow money or harder as I take on more loans?  It certainly adds to the amount of loans outstanding, but it also adds to your income.    

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