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Updated about 7 years ago on . Most recent reply

User Stats

4
Posts
2
Votes
Jonathan Rucker
  • Upper Marlboro, MD
2
Votes |
4
Posts

Great Rental Property Hasn't Even Hit MLS Yet.

Jonathan Rucker
  • Upper Marlboro, MD
Posted

A property just four doors down from me just opened up and I am very interested in buying it for buy & hold purposes. All the numbers seem to add up as far as it being a good investment. I'm just not sure exactly HOW TO BUY it. I thought of doing a cash out refinance of my current home and using the money as a down payment but my current home does not hold enough equity. All of my liquid cash is currently tied up in doing renovations to my current home. So I currently don't know what my next move should be, but I really want this house.

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