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Updated over 6 years ago on . Most recent reply

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Paul Boyett
  • Aledo, TX
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Pull equity from primary home

Paul Boyett
  • Aledo, TX
Posted
We have 250,000 equity in our primary home. Does it make sense to pull the equity out to purchase cash flowing properties?

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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
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John Warren
  • Real Estate Broker
  • 3412 S. Harlem Avenue Riverside, IL 60546
Replied

@Paul Boyett it absolutely does. I personally do not plan to have that much equity in my home for several decades as equity provides little value for me in my day to day life. You could leverage that and purchase a 1 million dollar property, or if you are accredited you could invest that passively with a syndication and probably see a 12- 15% return. 

  • John Warren
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