New Member Introductions
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 2 years ago,
Buying my first rental.
Hi everyone!
Very new to this, reading lots of books on how to start up my portfolio.
Where I get stuck is how I should finance my first rental. I bought my own house a few years ago and now have quite a bit of equity in my house (thank you Nashville market).
I could buy a rental straight up using the equity from my house or I could get a business loan and use some of the equity of my house as the 20% down payment. Any advice what I should do?
Thanks!