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Updated over 6 years ago,
Buying first rental property
Looking to purchase my first rental property . Getting mixed opinions from investors I know on whether to use all cash or get a mortgage. Was planning on buying cash, getting a tenant, then cashing out to get another one, and so on...... what do you guys think? I’m a newbie. I have a contracting business that feeds me well. My goal for purchasing real estate is for the long term .. TIA!
Matt