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Updated over 6 years ago,
I need advice on investing in rental property without any income
Hi...I am just starting to educate myself on real estate investing and this is my first post so excuse me if my question is stupid. I am interested in investing in rental properties but I don't really show any income. I want to know if it's possible to purchase a rental property with cash and then use the rental income to to obtain a mortgage for a second property and repeat the process. Also am I able to refinance the original property only showing the rent from that property as income? Thanks in advance for any information you can offer.