First Property Strategy,

[Jasmine Nguyen]

Hi everyone,

Looking to purchase my first rental property. Currently have two primary homes in CA. 

One of the homes is already paid off. I can do cash out on it at 2.5% for 15 yrs for $300,000 might be a tad higher rate depending on a few factors. 

The plan is to find a property, pay it all off without having to finance at the investment property rate. 

What do you all think of this strategy? I would love to hear your feedback and thoughts given your experience in investing. 

Thank you in advance.