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Updated about 6 years ago on . Most recent reply

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5
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Troy Carter
  • clovis, ca
0
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5
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Use my equity to try the Brrrr approach

Troy Carter
  • clovis, ca
Posted

I have about $70k equity in my rental property (30 year fixed 4.5%) and about $50k equity in my residence home (30 year fixed 3.375%).  I would like to use some equity to add another rental to my portfolio using the Brrrr approach.

Questions are:

Which property should I pull from?

Do I do a cash out or HELOC?

Any advise or links with more info on how make this transaction a success is appreciated. 

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