Why borrow against an investment property at a higher rate than you can against your primary?

I am looking to buy my first investment property and have heard a lot about  Fort WayneAs an out of state investor, I am looking to connect with investors/agents in the area to build further knowledge on specifics with the markets and hopefully bring business to in the future!

From a financial standpoint, the key is to ensure you're purchasing properties at a price low enough to make rehab costs and refinance achievable.

@Kevin Duke Since Subject A’s $6M net worth is below the federal estate tax exemption ($13.61M in 2024) and Florida has no estate or inheritance tax, Subject B can inherit the property tax-free with a step-up in basis to the fair market value at the time of death, eliminating capital gains tax if sold immediately.To avoid probate, Subject A can use a Lady Bird Deed (Enhanced Life Estate Deed) or a Transfer on Death (TOD) Deed, which allows automatic transfer to Subject B while retaining full control during their lifetime.

Hey Ryan, welcome to the BP Forums.Three properties in a year is really impressive,congrats!

--I would agree that this market has opportunities for seller finance as a record number of properties in the US are paid off. 

@Von Wilson you could ask the developer next door to partner with you and have them build on your property.  

@Jaycee Greene after the year living there at first property can you get a second fha loan but have to live for a year too on the next one?

The city is still getting property taxes. 

I have a passion for entrepreneurial ventures and my goal is to venture into real estate purchasing 3 properties over the next 6 years and launch a property management business at that 6 year mark.