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Updated over 8 years ago on . Most recent reply

Stephanie Ockunzzi's profile image
Stephanie Ockunzzi's profile image
Stephanie Ockunzzi
  • from Destin, Florida
  • Member since Sep 2, 2016
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Stephanie Ockunzzi's profile image
Stephanie Ockunzzi's profile image
Stephanie Ockunzzi
  • from Destin, Florida
  • Member since Sep 2, 2016
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Stephanie Ockunzzi
  • Destin, FL
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Starting Out

Funding

Stephanie Ockunzzi
  • Destin, FL
Posted
We have about 80K equity in our primary home and 60K in the bank. We would like to start flipping. My thought is to use our cash to buy or use for the deposit and then get a home equity loan for the improvements. Is this a good strategy? Am I putting our primary home at risk?
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