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Updated over 11 years ago,
legal or not?
hello all! my question is as follows.....I bought a rental property 8 years ago and it is paid off. I pulled a line of credit from it to purchase another property. That property is technicaly paid for in cash and I have the title. can I pull another line of credit from that property to buy another one and so on down the line? my goal is to buy two properties per year for ten years. how else could I do this?