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Updated over 1 year ago on . Most recent reply

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Luke Werkmeister-Martin
  • Rental Property Investor
  • Boulder Colorado
2
Votes |
3
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Advice on How to Best Use My Equity

Luke Werkmeister-Martin
  • Rental Property Investor
  • Boulder Colorado
Posted

Hey everyone,

Looking for some advice on how to use existing equity to best launch my real estate journey.

I’ve got 2 houses: House A has $550k in equity and $200k left on the mortage, house B has $800k in equity and is completely paid off.

House A can rent for $3300/month and house B can rent for $3700/month.

I know I’ve got a great opportunity to use this as the starting point for my real estate journey, but would love some advice on the best path forward.

Thanks!

Most Popular Reply

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194
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372
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
372
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194
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Evan Hopple
  • Real Estate Agent
  • Columbus OH
Replied

@Luke Werkmeister-Martin

I invest in Columbus RE, huge growth to come from recent additions to the tech sector (google, intel, amazon, honda, and many start ups). Plans to were announced a few months back to invest $2B into the cities airport in anticipation of the population/business travel growth. Investing here still comes with a good mix of cashflow and appreciation. 

Happy to connect!

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Reafco Real Estate

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