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Updated about 6 years ago,
How to fund my rentals
I want to buy 5 rental houses but I'm torn on how to fund them. I have a piece of property (46 acres) that I own outright. Should I take a loan out on that or refinance my home? If I take a loan out on my property I'm adding an extra payment but if I refinance I'm adding extra years to my mortgage. What the better one to go with?? Thanks