Can we have a thread about real estate?
I have been disciplined as fuck and built an insane amount of equity in my home. Now I'm considering borrowing against this to buy a rental property.
I think I can cover my costs and potential get a cash flow of $300-500 per month. All while building equity. What does Jow Forums think about this?
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Buy BRAP, crypto for max gains, then consider buying your own country. Brap.me
>only response is a bot
Fucking crypto ruined this board. NONE of you are going to make it.
>real estate
what would you like to know, OP?
t. RE investor, property management company owner, wholesaler, rehabber/flipper, etc.
(((Borrowing)))
It's called usury, look up any of Martin Luther's publications about Jews for details of why this is a bad idea
Why hassle with a rental property when you could get a heloc and throw your equity into chainlink?
I live in one of the most expensive real estate markets in the country and it's wildly underbuilt. Consequently there is huge demand for housing.
Is it a smart move to leverage my only asset to buy a rental property?
Imagine OPs milf with a nice little dick
Depends on a lot of things. Can you still make payments on your house (and the rental property) if you have a tenant/tenants that stop paying and stay in the apartment anyway? If you can, can you afford the lawyer to have the removed at the same time? These questions also only matter in certain states.