General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago,
Using Home Equity to start investing
What is the best way to use home equity in your home to start a rental property investment. I'm wanting to buy my first investment property. I've got about $90,000 in home equity and would like to begin buying rental property. Would you recommend refinancing to take cash out or using a HELOC to use for down payment on rental? Also how much would it doing this affect me getting a loan for the rental? Any help or suggestions would be appreciated!