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Updated almost 5 years ago on . Most recent reply
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Leverage - too much or not enough??
So I’m about to close on my first investment property in a week. I’ve looked around the forums and haven’t been able to find a clear answer to my question, although I feel I’ve just overlooked it.
Is there a “rule of thumb” or something of the sort to optimal leverage? Possibly a debt to income, percentage or something? Thanks in advance for any advice
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@Kyle Doriety my take is that I want as much leverage as is financially feasible. As long as you have a decent amount of net income and enough reserves for several months, then I would leverage the property as much as you can.