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Updated over 16 years ago on . Most recent reply

User Stats

30
Posts
2
Votes
Richard Rabineau
  • Investor
  • Los Angeles/Orange County, CA
2
Votes |
30
Posts

Which is better to start

Richard Rabineau
  • Investor
  • Los Angeles/Orange County, CA
Posted

Hey,

I have one big question, is it better to use a line of credit or sell to initiate my career in investing?

I want to start investing in an out of state properties to rent out, and use that experience to get a bigger place/profit (being the right property) down the road.

How should I start out, i can have a loan or sell my place and have cash. Granted I would have to stay somewhere else but which way amounts up to more sense in doing?

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