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Updated about 4 years ago on . Most recent reply

Using personal house as financing?
I owe $144k on my home, estimated value is $320k. Would you consider refinancing and use that money to invest in other real estate opportunities? I also have $80k cash but am having a hard time finding deals in my area (Minnesota - Twin Cities) that could be funded with only that cash. Thoughts? I’m trying to find my first deal but don’t want to settle.
Most Popular Reply

@Justin Gustafson $80,000 in cash is definitely enough to buy a property conventionally. Would love to have a conversation and see what you're trying to do and why you haven't been able to do it