Updated almost 10 years ago on . Most recent reply
800k line of credit
Hello all,
I will have a line of credit of 800k at 2% interest only payments. I would like to be as leveraged as possible.
Is it possible to purchase investment properties with 20% down (800k buys 4MM of investment property) ? If so, what are the qualifications needed?
My plan is to slowly buy smart properties, refi at higher appraise, and use that + net cash after rent/expenses to keep buying 2-3 properties per year.