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Updated about 2 years ago on . Most recent reply
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How should I use my equity to purchase another rental property
I am brand new to biggerpockets. I currently own three properties. 1-single family home(primary residence ), 1-3units, 1-6units (all are rented). I have a lot of equity built up in each property, but I am also locked in at great rates. I would like to avoid refinancing if there are other options. Any advice will be appreciated.
Thanks
Sean
Most Popular Reply
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There is a program that allows for a second 30 yr fixed mortgage on non owner occupied residences. Max CLTV is 75 % and the max loan amount is capped at $450k
- Erik Estrada
- [email protected]
- 818-269-7983
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LuxePrivate Investments LLC
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5.0 stars