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Updated almost 9 years ago on . Most recent reply

User Stats

34
Posts
2
Votes
Jerry Johnson
  • Wholesaler
  • Lancaster, PA
2
Votes |
34
Posts

package deal and personal home

Jerry Johnson
  • Wholesaler
  • Lancaster, PA
Posted

Would you consider a equity loan out on your personal home or Credit line. to invest in a great purchase deal? 

4 investment properties move in ready . Fair market Value between all 4 single family properties are between $60 to 68K . 

purchasing in a package deal for $107k

I want to hold on too some cash, so I'm considering Home equity or line of Credit

I know these 2 options depend on what my plans are with this 4 properties.

Also, I would like to save on some fees, from using the bank.. Credit line and home equity are quicker options in this situation,,

Just trying to get a feel from other investors..

thank you.

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