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Updated over 3 years ago on . Most recent reply

Felicia Gossett's profile image
Felicia Gossett's profile image
Felicia Gossett
  • from Lancaster, Kentucky
  • Member since May 28, 2016
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Felicia Gossett's profile image
Felicia Gossett's profile image
Felicia Gossett
  • from Lancaster, Kentucky
  • Member since May 28, 2016
Connect
Felicia Gossett
  • Lancaster, KY
0
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5
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Starting Out

Using home equity to buy real estate

Felicia Gossett
  • Lancaster, KY
Posted

I am new to real estate and would like to find a way to get started. I don’t have much money saved and I’m not able to get a loan. I do have a house I bought it 2013 through a foreclosure. I owe around $79000 and It’s worth probably 220,000. Should I try to use that equity to buy property and rent out? Any and all advise would help.

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