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Updated about 3 years ago on . Most recent reply

User Stats

10
Posts
61
Votes
Kiet Ho
  • Rental Property Investor
  • Mobile, AL
61
Votes |
10
Posts

How do yall feel about buying a rental property all cash?

Kiet Ho
  • Rental Property Investor
  • Mobile, AL
Posted

How do yall feel about buying a rental property all cash? This will be my first investment and im wondering if it will be a good idea. I am fortunate enough to work a job I love that makes me a decent income. My plan is to buy a rental house all cash so I dont have to worry about mortgage payments and all the rental cash will go towards my next investment. My plan is to save income from my job and rental income to buy 1 property every year and rent them out. Is this a good strategy?

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