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Updated almost 10 years ago,
Seeking advice for using home equity to buy investments
I'm looking for some advice on how to best use the equity in my primary residence for investments. Currently I have about $90K in equity on my primary residence and still owe $50K. I purchased the house a little less than a year ago and have completely remodeled it so I think current value is around $225K. I've never done a refinance before to pull money out but I'm thinking that might be an option. I'm looking to get started in buy & hold investments and/or rehabs, any input on which way to go would be greatly appreciated!