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Updated over 10 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Kendell Wolfe
  • Investor
  • Queen City, TX
3
Votes |
7
Posts

advice on how to purchase duplex number 2

Kendell Wolfe
  • Investor
  • Queen City, TX
Posted

ok so I have recently made my first purchase of a duplex here in Texas. I can afford to make the monthly payment out of my own pocket but my question is should I try and pay off the loan with the income from the rentals and use this duplex as collateral for my next purchase or should I just save the income and use it as a down payment on my next purchase? please help!!

Kendell

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