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Updated over 10 years ago,
Does it make sense to use equity from a rental house to purchase more rental property.
I have listened to several podcasts that recommend using equity to purchase more rental properties. I have about $100k+ in equity. Whats the best approach in utilizing the money to purchase several properties. Does it make sense to get equity loan on the entire amount or is it possible to get $25K at a time as I purchase one property and then next or is that not possible? Sorry for the confusing question.