X Close Editor

Submitted by: Tom Karadza

Title

Comment
Hi Peter, For us this really comes down to a personal decision. If you want to aggressively grow your portfolio base then you'll want the most leverage possible. But you'll have to be smart about the area, the rates you get and make some plans to protect yourself from any interest rates moves that may occur. Without knowing more about you and your goals this is a tough one to answer. However, as just generic advice... Our opinion is that if you do your research and choose wisely you want to leverage yourself to grow your wealth. But keep this in mind...if interest rates go up and/or if prices drop being leveraged is not fun. You need to plan for this now. We've been in that type of situation before and in these cases you need 1. Cash 2. Credit and 3. Cash Flow to survive. So don't spread yourself so thin that you can't handle a move in interest rates or home prices. I know this isn't answering your question directly but I hope it somehow helps a tiny bit! Tom.

Cancel Delete Delete & Ban

Updating Comments page...