Question about leveraging an investment property
Hey everyone!
New to BP and overwhelmed by the great amount of expert and advice here!
Im currently in contract for my first Investment home.
Purchase price 153,000, dp= 30,000.
After I purchase, what can I now, or how long do I have to wait to leverage and buy another one? Heloc?
Do I have to wait some time and then do a Heloc?
Can I use this house as collateral when I am looking to buy another one?
I think that is all the questions I can think of now!
Thanks In advance!