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Updated over 5 years ago,

User Stats

8
Posts
3
Votes
Andrew M Hawkins
  • Pittsburgh
3
Votes |
8
Posts

Equity in home what to do with it

Andrew M Hawkins
  • Pittsburgh
Posted

I am new to real estate investing. I want to get my feet wet and do my first brrrr but seems like finding the deal is hard in the Pittsburgh area at the moment atleast not one I've liked. My question is if you would have 200 to 250 k in equity in your home to use  should you pull that money  to invest and if so should you use it as down payment on multiple 2 to 4 units should you look for bigger properties or maybe partner with someone and do 2 bigger or 1 huge size property ??  Would just like to get different opinions and sides of all the arguments.  My mind is maybe do 1 or 2 small projects to get the process down and kinda learn the process then Seek out a possible partner or go in alone on bigger property. 

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