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Updated about 8 years ago on . Most recent reply

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5
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Philippe Ty
  • Pleasanton, CA
0
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5
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Financing my first deal

Philippe Ty
  • Pleasanton, CA
Posted

All,

I'm seeking guidance on how to best start my real estate investing endeavor. 

I don't have much liquid assets, but I do have some money in stocks and plenty of equity on my home. What would be the best approach to finance my first deal?

Should I just save for a down payment? I live in the Bay Area and so saving for a 20% down payments seems like it could take a very long time.

Should I take money out of my stocks?

Should I refi with cash out on my home or use a HELOC?

Thanks for the help.

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