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Updated over 8 years ago on . Most recent reply

User Stats

149
Posts
41
Votes
Nicole Wood
  • Investor
  • Bath, NY
41
Votes |
149
Posts

My plan...

Nicole Wood
  • Investor
  • Bath, NY
Posted

hello all just looking for some input. My plan is to use overdraft line of protection (10,000) to try and buy a cheap property at local tax auction. I will then rent that out and see about a heloc on that house to obtain another property and so on and so forth. Is this a good plan?? I've put a lot of thought into it and think its m best bet until I get money saved and such for flips.

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