Using equity in your home to finance your first BRRRR

[Erin Newton]

I am considering using the BRRRR method and financing the cycle by pulling from equity in my own home. I would love to know if anyone has done this, what is the best way to pull out the money (I.e. refinance, cash out finance, home equity loan, home equity line of credit). I am wanting enough to buy a house at auction and to cover any renovation costs. I have a VERY low interest rate on my home, and I am close to paying it off. Any advice would be appreciated.