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Updated over 5 years ago on . Most recent reply

User Stats

17
Posts
1
Votes
James Black
  • Chesapeake, VA
1
Votes |
17
Posts

Finance Next Property

James Black
  • Chesapeake, VA
Posted

Hello everyone. I currently have 2 properties, one of which is a rental. Both properties have equity above $100k. I would like to start investing in either a rental or a flip. The question I have is what would be the best option to get the capital for the investment property? I am thinking refinance the rental property to take advantage of the equity. A question to go along with that is what type of mortgage should I take to if I go that route.

Any suggestions would be much appreciated.

@Pattie Robertson

 

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