How to Buy an Investment Property When I Have Two Mortgages

[Rochelle Agitan]

I want to buy an investment property but I currently have two mortgages that I pay (for my primary and second homes). I have equities of about $500,000 from both. What possible financing options do I have? Any ideas or suggestions are appreciated. Thank you.

[Nate Sanow]

You've got great options from that equity via refi or HELOC. But if that's not what you want it's all about learning to find discounted properties that private/ hard money lenders will finance 100% or at least 90% of purchase price on. From there you can brrr, flip, or even just do value ad rolled into a rate term refi. The real trick for all of us is to not just see how much money or liquidity you have but to get better at finding other peoples money.