Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 4 years ago on . Most recent reply

User Stats

54
Posts
11
Votes
Stephen Nava
  • Investor
  • Austin, TX
11
Votes |
54
Posts

Equity stuck in property and I want to continue investing

Stephen Nava
  • Investor
  • Austin, TX
Posted

I own three properties. One has about $280,0000 equity that I would like to use to continue investing. Due to my high debt to income, I am not able to qualify for a refinance.

Monthly Income: 

W2 2426

Property 1 Rent 2200

Property 2 Rent 2700

Total monthly income: 7326

Expenses: 

Property 1 Mortgage 1306

Property 2 Mortgage 2177

Property 3 Mortgage 1284 (This is a co-sign loan)

Total monthly expenses: 4767

Besides selling the property with the high equity, what are options or strategies I can use to continue growing my portfolio? 

Loading replies...