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Updated over 2 years ago,
Taking equity out of my home?
Hello fellow investors, I own 2 homes, one is mine, one is my daughters with me on the title. One home has equity of approx $160,000.00 and the other at $35,000.00. Should be taking my equity out to purchase an investment or take only what I need to get started?. I've talked to alot of people who have differing opions, therefore I joined to take it to the professionals. Some worry that the market will turn & I will be left holding 2 mortgages on my primary, the others say its worth the risk. Any suggestions, TIA