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Updated over 4 years ago on . Most recent reply

Danny Vo's profile image
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Danny Vo
  • Rental Property Investor
  • from Tulsa, OK
  • Member since Jul 16, 2020
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Danny Vo's profile image
Danny Vo's profile image
Danny Vo
  • Rental Property Investor
  • from Tulsa, OK
  • Member since Jul 16, 2020
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Danny Vo
  • Rental Property Investor
  • Tulsa, OK
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Real Estate News & Current Events

House is about to be paid off! What should I do to next?

Danny Vo
  • Rental Property Investor
  • Tulsa, OK
Posted

My sister house is about to be paid off by the end of this year. She's gonna put my name on the deed and want me to take care of it and pay the taxes on it. (She's moving out of state). Should I get a line of credit on the house so I can invest into other rentals? Or should I do a owner financing? 1031?

I want to see whats my option? House is value around 129k on Zillow. I want to invest all of it into maybe 2 or 3 rentals (if I can). Any advice will be helpful! Thanks for reading

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