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Updated over 2 years ago on . Most recent reply

Vladimir Gostrer's profile image
Vladimir Gostrer's profile image
Vladimir Gostrer
  • Rental Property Investor
  • from San Francisco, CA
  • Member since May 10, 2022
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Vladimir Gostrer's profile image
Vladimir Gostrer's profile image
Vladimir Gostrer
  • Rental Property Investor
  • from San Francisco, CA
  • Member since May 10, 2022
Connect
Vladimir Gostrer
  • Rental Property Investor
  • San Francisco, CA
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Starting Out

About 800K in equity in main property looking to buy another

Vladimir Gostrer
  • Rental Property Investor
  • San Francisco, CA
Posted

I have a main property which I just got appraised and have a bit over 800k in equity. I'd like to purchase another one nearby to use as my main one and put this one on the market as a rental. What are my options as far as financing goes for a new property. Do I need to have the cash for another 20% or is there a way? Really appreciate your thoughts and ideas. 

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