Does a persons age affect loan rates

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Does a persons age affect loan rates

You can buy more houses when you leverage rental property. The best part about leveraging your money is it allows you to buy more properties. You can buy three or four homes with 100,000 instead of just one home paid for with all cash.

Using the cash flow figures from above and buying three properties instead of one, you are now making 1,254 a month cash flow instead of 800 a month.

Not only does your cash flow increase by purchasing more properties, but the equity pay down increases, the tax benefits increase and the appreciation increases. If you can purchase homes below market, then every time you buy a home, your net worth increases as well. The advantages of rental properties are multiplied when you buy more houses.

Rental properties have many tax benefits including depreciation.

Does a persons age affect loan rates

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Does a persons age affect loan rates