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Updated over 6 years ago,

Rosalio Hernandez's profile image
Rosalio Hernandez's profile image
Rosalio Hernandez
  • Member since Aug 18, 2017
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Rosalio Hernandez's profile image
Rosalio Hernandez's profile image
Rosalio Hernandez
  • Member since Aug 18, 2017
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Rosalio Hernandez
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Multi-Family and Apartment Investing

Should I get a loan on my paid off duplex?

Rosalio Hernandez
Posted
I would like to make an addition to my house to rent out, but d not have the funds.We have a paid off duplex that is occupied, I thought it would be a good idea to get a loan and fund the addition, if we dont get a loan the other option is to sell. I should mentiom The property is 2 hrs away. After taxes and insurance, we keep about 5,000 a yr.
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