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Updated over 5 years ago on . Most recent reply

Ryan H.'s profile image
Ryan H.'s profile image
Ryan H.
  • Investor
  • from Portland, OR
  • Member since Nov 17, 2014
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User Stats

100
Posts
25
Votes
Ryan H.'s profile image
Ryan H.'s profile image
Ryan H.
  • Investor
  • from Portland, OR
  • Member since Nov 17, 2014
Connect
Ryan H.
  • Investor
  • Portland, OR
25
Votes |
100
Posts
Personal Finance

Financing First Rental Property

Ryan H.
  • Investor
  • Portland, OR
Posted

Hello, would someone be willing to help me analyze whether I'm financially ready to purchase my first rental? I'm considering taking out both a HELOC and obtaining a loan for the rental property, but I worry that I'm getting in over my head. I have 70% of my primary residence paid for, and significant retirement assets, but very little income.

Please message me directly if you're willing.  Thanks in advance!

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