Skip to content
New Member Introductions

User Stats

1
Posts
0
Votes
Andrew Dale Sumter
Pro Member
  • New to Real Estate
  • Georgia
0
Votes |
1
Posts

Software Engineer, Manager

Andrew Dale Sumter
Pro Member
  • New to Real Estate
  • Georgia
Posted Apr 24 2024, 14:13

I purchased my first property couple months ago in Feb. Have a good tenant. My first property was turnkey, ready for rent. Should I wait until I have enough savings for a 20% down payment and do the same again? I have a HELOC on my primary residence and access to a little savings. On the other hand, I'm thinking of using some of my HELOC as a down payment on an undervalued property. A little advice would be great.