The Motley Fool Discussion Boards

Previous Page

Investing Strategies / Real Estate Investing


Subject:  Re: Buying a 2nd Rental Property Date:  5/13/2022  3:30 AM
Author:  aj485 Number:  14441 of 14478

I'd like to buy a 2nd rental property in the next few years without taking money out of the 1st one

You need to be aware that you cannot deduct the interest payments on a cash-out loan for a rental property unless the cash is spent on the property that secures the loan. So taking a cash-out loan on a rental property is generally not a good way to raise money for a second property.

Copyright 1996-2022 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us