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Updated over 3 years ago on . Most recent reply

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Peter Dalton
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One for cash or multiples with money down

Peter Dalton
Posted

If you had 100k, would you but one rental for cash and use that to leverage other properties via heloc/cash out refi?or would you use the 100k as a down payment on multiple properties? 

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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
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Mason Hickman
  • Real Estate Agent
  • Sandwich, MA
Replied

@Peter Dalton If the idea is to buy multiple properties using leverage, I would vote for the $100K as down payments. Taking the money back through a refi adds more risk and will be at higher rates. 

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