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Updated almost 5 years ago, 12/01/2019

User Stats

15
Posts
5
Votes
Jake Newman
  • Rental Property Investor
  • Columbus, OH
5
Votes |
15
Posts

150k in equity in first home

Jake Newman
  • Rental Property Investor
  • Columbus, OH
Posted

I have upwards of 150-180k in equity from my personal home I would like to use to invest in my first multi family but low cash on hand, HELP! I want to use it but am having a hard time getting full support from spouse and family due to my possible military separation/ and the unknown... I am located in Columbus Ohio but am looking more in the Dayton area due to more family being down there. What are my options here? Should I leverage against or use a heloc for cash down and conventional financing?! Any advice would be wonderful. 

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