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Taking out a mortgage on a rental property secured by a certificate of deposit?

Since CD interest rates are so low we were thinking of securing a mortgage with one to buy rental property-the cd would still earn interest, and (hopefully) the rent would pay for the mortgage. We have someone knowledgeable about property who could manage it for us, but I have qualms about people…



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Taking out a mortgage on a rental property secured by a certificate of deposit?

https://mountblanchard.livejournal.com/2124.html

Since CD interest rates are so low we were thinking of securing a mortgage with one to buy rental property-the cd would still earn interest, and (hopefully) the rent would pay for the mortgage. We have someone knowledgeable about property who could manage it for us, but I have qualms about people…



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https://mountblanchard.livejournal.com/2124.html

Taking out a mortgage on a rental property secured by a certificate of deposit?

Since CD interest rates are so low we were thinking of securing a mortgage with one to buy rental property-the cd would still earn interest, and (hopefully) the rent would pay for the mortgage. We have someone knowledgeable about property who could manage it for us, but I have qualms about people…

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