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Updated over 4 years ago, 08/18/2020

User Stats

14
Posts
19
Votes
Etienne Dubois
  • New to Real Estate
  • Hong Kong
19
Votes |
14
Posts

First rental property to buy many

Etienne Dubois
  • New to Real Estate
  • Hong Kong
Posted

If there was a property listed for 150 000 and you had 150 000 would you pay it in full or get a loan for 10% if the goal was to use the rent from that property was to pay off future house purchases. The rent would be 2500 - 3000 and loan is over 10 years at 4%. What would you do if your goal was to have 200k/month in 30 years from now from rentals. 

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