Personal Loan to Invest
I recently took out a 30k personal loan to invest with a rental property. I have the rental property locked in including closing cost right at about 30k. The home is rented out and bringing in $625 per month. My payments to pay back the loan are at 758 a month. I plan to refinance the home right after closing to pay my loan back and it seems i will get back right at about the amount that i paid for the house. Is this a good strategy to invest by using a personal loan?