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Updated almost 2 years ago, 01/25/2023

User Stats

3
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2
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Robert B.
2
Votes |
3
Posts

Financing Properties in Retirement

Robert B.
Posted

I'm wanting to generate some cash flow for my retirement years that will begin later this year.

I have purchased one rental home that has generated $400 per month the last three years. I owe about $100,000 on my $450,000 house; the mortgage rate is 2.5%.

I also have  a million dollars in retirement savings.

My question is this: will I be able to finance rental properties in retirement since I won't have a job but only investment income?

Thx for any help offered.

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