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Updated over 2 years ago,

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5
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Scott Morris
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5
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Looking for advice for utilizing a large amount of equity.

Scott Morris
Posted

Hello BP family. I'm an extreme newbie. My question is, I'm a partner in Boat/Rv and self storage. We have recently got our first stage completed, the appraisal is in and we have a large amount of equity in the property. With interest rates on the rise, what would be our best option for utilizing said equity? Thank you in advance. This facility is my first investment. My dad and I took care of the layout and sweat equity. Our other partner is mainly financial. Thanks in advance. 

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