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 over 8 years ago,
Leveraging your first property to buy the second
I was wondering if it is possible to use your first property (buy and hold strategy) to get into your second property?
For example if I owned my first property out right is it possible to use that property as collateral to secure a loan and low interest rate when buying the second rental property?
The reason for this question is, I will be buying rentals using a company as the owner of the properties and I want to start building the business' credit history to make it easier to secure future deals.
Thank you in advance for your time.