Updated over 7 years ago on . Most recent reply
Financing on first property
I am getting close to buying my first property. I would like to try and get 5 properties in my first year. I am a bit older (60) and so I have some savings. Should I use savings, retirement funds or conventional lending? For example, should I pay cash for the first property and then take out a HELOC on it or refinance it to help pay for the second etc? Or should I just get a conventional loan from the beginning? I would appreciate any thoughts on this.