Updated over 9 years ago on . Most recent reply
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.
Most Popular Reply
could look into a heloc from the first house as a downpayment for the second



