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All Forum Posts by: Thomas Jaeger

Thomas Jaeger has started 2 posts and replied 4 times.

Post: My First Investment Property

Thomas JaegerPosted
  • Rental Property Investor
  • Posts 4
  • Votes 0

Investment Info:

Single-family residence buy & hold investment in Manhattan.

Purchase price: $95,100

Cash invested: $7,000

Single Family Home with 2 beds and 1.5 baths and approximately 1200 square feet.

You can find it on Zillow at the following link: 

Post: Lines of Credit on Rental Properties

Thomas JaegerPosted
  • Rental Property Investor
  • Posts 4
  • Votes 0

@David Goings I am a fairly new investor but i plan on using the LOC for a down payment on another buy and hold rental investment at some point in the short future. I have about $55k-$65k in Equity in my first rental property.

Post: Lines of Credit on Rental Properties

Thomas JaegerPosted
  • Rental Property Investor
  • Posts 4
  • Votes 0

@Mike Dorneman what do the numbers look like in a situation like that? Thanks for the reply!

Post: Lines of Credit on Rental Properties

Thomas JaegerPosted
  • Rental Property Investor
  • Posts 4
  • Votes 0
What are typically the best places to open a Line of Credit on a home? In my particular case it is a Rental Property that i own.