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Updated about 4 years ago on . Most recent reply

Oscar Rodriguez's profile image
Oscar Rodriguez's profile image
Oscar Rodriguez
  • Rental Property Investor
  • from GA
  • Member since Sep 30, 2020
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Oscar Rodriguez's profile image
Oscar Rodriguez's profile image
Oscar Rodriguez
  • Rental Property Investor
  • from GA
  • Member since Sep 30, 2020
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Oscar Rodriguez
  • Rental Property Investor
  • GA
0
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General Real Estate Investing

How much do I need to get back?

Oscar Rodriguez
  • Rental Property Investor
  • GA
Posted

I’m currently thinking about acquiring a property for around $60k cash, my question is if the property gets appraised at $100k and I do a cash out loan how much should I take back ? Should I leave 30% in of the total appraised or all I have invested in it (60k)?

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