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Updated about 10 years ago,

Joseph Benedict's profile image
Joseph Benedict's profile image
Joseph Benedict
  • Investor
  • from Muskegon, Michigan
  • Member since Apr 5, 2014
Connect

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6
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1
Votes
Joseph Benedict's profile image
Joseph Benedict's profile image
Joseph Benedict
  • Investor
  • from Muskegon, Michigan
  • Member since Apr 5, 2014
Connect
Joseph Benedict
  • Investor
  • Muskegon, MI
1
Votes |
6
Posts
General Real Estate Investing

Leverage

Joseph Benedict
  • Investor
  • Muskegon, MI
Posted

I am looking for some opinions. I have 9 SFH properties, each paid for. I have found another rental house that I would like to purchase and have an unused equity line on one of the other rental properties that will cover the purchase of the new. The new purchase should have a positive monthly cash flow of $300.00 +/-. What's your thoughts?

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