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Updated over 5 years ago on . Most recent reply

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12
Posts
10
Votes
TJ Tyler
  • Accountant
  • Nashville, TN
10
Votes |
12
Posts

I have my first Rental, now what?!

TJ Tyler
  • Accountant
  • Nashville, TN
Posted

I am proud to say I am finally on the board! I have my first investment property! A brand new three bedroom town home right next to a university.

I was just wondering what my next plan of action should be. Should I double down in a year and house hack another home for a investment opportunity?

Or should I go ahead and buy my primary home and then save afterwards for my next rental? Please help, I need ideas!

P.S. I also have a family

Most Popular Reply

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42,806
Posts
63,083
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Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
63,083
Votes |
42,806
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Replied
Originally posted by @TJ Tyler:

@Vincent Gable great insight! My rate is sitting at 3.8% and a few other people told me the same thing you said. It’s nice to be reassured. I wasn’t exactly sure what was considered a “good rate” and what it actually means until talking with multiple people.

 how did you get a rate that low on a rental ??  did you tell them your going to live in it ?? 

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JLH Capital Partners

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