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How to use the bank's money to make more money!

  • Antonio Orozco
  • Dec 29, 2018
  • 1 min read

It is difficult to save 20% or 25% to buy a second house, but many people who own a first house already have that money saved in the equity of their home and even more. Getting a line of credit on a property to invest on a rental is not such a bad idea, especially if you look for rentals where you will be making enough money to make your mortgage. Some places like Stockton and Sacramento still have multi-units under $300k.

Triplex in Stockton $434k  (3bd/2ba; 2bd/2ba; 2bd/2ba)

 
 
 

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