Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 9 years ago,
800k line of credit
Hello all,
I will have a line of credit of 800k at 2% interest only payments. I would like to be as leveraged as possible.
Is it possible to purchase investment properties with 20% down (800k buys 4MM of investment property) ? If so, what are the qualifications needed?
My plan is to slowly buy smart properties, refi at higher appraise, and use that + net cash after rent/expenses to keep buying 2-3 properties per year.