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Updated over 9 years ago on . Most recent reply

User Stats

81
Posts
9
Votes
Duane Hundley
  • Investor
  • Lynchburg , VA
9
Votes |
81
Posts

Buying rentals questions

Duane Hundley
  • Investor
  • Lynchburg , VA
Posted
Hi, I'm planning on getting back into rental properties again and wanted to ask a few questions. 1. Should I pay cash or do 20%-50% down 2. How much in cash reserves should I have for each property 3. How long should I wait to acquire the second property after my first purchase 4. My plan is to purchase condos and town houses all in the same area 1 mile from each other 5. Anything I may need to add to help you provide me with better answers please let me know

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