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Updated about 3 years ago on . Most recent reply
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Using primary residence equity to place an all cash offer?
Hello everyone, I'm looking to buy my first property and have been striking out. I have significant equity in my personal residence, enough to purchase a house outright in my market. Would it be feasible to take out equity, from primary residence, to buy a house all cash and make my offer more appealing? If so what means would be the best to do that, a HELOC, cash out refi in my primary residence, etc? Thanks for all the help in advance!
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Hey Luis, are you against investing out of town? I am struggling with the same issues here in DFW TX. Looking out of town and state.