Getting a mortgage on property

[Delvon A Byrd]

Is It ok to get a mortgage on your first property (multi unit) to bring in passive income

[Jeff Stein]

Could you provide more information about your question please.

I personally think the best benefit of real estate in comparison to investing in the stock market index funds is the leverage. I would recommend in most situation have a loan for your building. With that said, typically a loan will decrease your passive income on that particular property because some of your income is paying for the loan interest.