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Updated almost 7 years ago,
Is it a good idea too...
Hello BP,
I'm new to all of this but I'm looking to jump in. I've always had the itch to do real estate and now I believe its calling me but just need to get started. I appreciate all the help and advice any of you could provide. Here goes...
Is it a good idea to purchase an investment property using the equity in my existing home?
If so, should I get approved for the equity then the mortgage for the investment property of get approved for the mortgage then go after the equity?
Thank you,
John