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Updated over 9 years ago,
can I leverage 35% equity?
Yesterday I finally closed on a blanket loan for 6 properties at 65% ltv and cashed out on some equity. My question is, is there a way/what are the options of leveraging the 35% equity in properties, so that I'm able to continue to grow and have more flexibility? My credit is solid at 740+ , properties cash flow very good and I work a full time w2 job. Looking to get more buy and holds and try some flips.
Thanks