this post was submitted on 02 Oct 2023
1165 points (90.5% liked)
Memes
45565 readers
1629 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
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
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.