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Heath M.
  • Rental Property Investor
  • Chattanooga, TN
186
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199
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Starting out soon - primary residence is almost paid off

Heath M.
  • Rental Property Investor
  • Chattanooga, TN
Posted Oct 1 2017, 16:18

Plan to start with first rental property soon with a business partner.  Will have my primary residence paid off before we buy our first rental property and will also have the 20% down payment covered on first purchase.  How is the best way to protect my current residence?  My wife is more risk adverse than I am, and I'm pretty risk adverse myself and don't want to leverage my home (valued around 275k).  

I'm not too concerned with the first property but plan to add to it over the coming years, just want to protect my current assets and handle the business side separate.   

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