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Updated about 1 year ago,
Need Advice for Future
Hello,
I am 29 years old. My wife and I were fortunate to be able to buy a duplex middle of 2021. We live in one unit and rent the other.
I’m the near future, I might have enough to be able to buy an additional rental property cash. Now I understand that with my age, I should be using leverage to maximize investment returns. On the other hand, I can also appreciate the stability and consistency of cash flow when purchasing a property cash.
My question would be would it be smart to purchase another rental property cash in order to be conservative and use that property as my tool to go out and buy additional rentals?
Thanks in a