• PatFusty@lemm.ee
    cake
    link
    fedilink
    arrow-up
    11
    arrow-down
    4
    ·
    edit-2
    9 months ago

    Using equity from current property to buy a new property? LOL

    My friend, you are begging for pain… but appreciate it. Live that grind til you get repo’d

    • phoneymouse@lemmy.world
      link
      fedilink
      arrow-up
      3
      ·
      9 months ago

      People do this, it’s called “refi and roll.” The idea is to find properties that pay more in rent than they cost to upkeep.