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Updated 3 months ago,

User Stats

2
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0
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Anthony Colachicco
  • New to Real Estate
  • Mooresville, NC
0
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2
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Selling primary residence and using equity

Anthony Colachicco
  • New to Real Estate
  • Mooresville, NC
Posted

Looking to sell my primary residence soon and will have approx. $150k in equity after closing costs, etc. Wanting to get into investing instead of putting all $150k into my next primary residence. My thoughts have been to use half for 20% down on next primary and the rest for a rental property OR put all $150k into a multifamily and house hack for 1-2 years then do a HELOC and do it all over.

What would you suggest if you were just starting out? 

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