http://2o2t.com Wed, 21 Apr 2010 05:19:21 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 http://2o2t.com/1st-time-homebuyerpotential-realestate-investor-question/134/ http://2o2t.com/1st-time-homebuyerpotential-realestate-investor-question/134/#comments Fri, 05 Feb 2010 05:18:07 +0000 http://2o2t.com/1st-time-homebuyerpotential-realestate-investor-question/134/ After an unexpected tax bill this past April our accountant said we need to buy a house (we live in San Francisco) for the mortgage intrest write off. We do not have an acceptable down payment for our desired location but were wondering if it would be prudent or even possible for us to first purchase a positive cash flow vacation rental condo and the take out an equity loan for a down payment on property #2. We have good credit (720/750) and verifiable income around $200k/yr. Any suggestions on what we should do/who we should contact for help? Thanks.

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