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Updated almost 6 years ago,

User Stats

27
Posts
4
Votes
Antione Jones
  • Rental Property Investor
  • Milwaukee, WI
4
Votes |
27
Posts

Equity out of parents home

Antione Jones
  • Rental Property Investor
  • Milwaukee, WI
Posted

Hello everyone one I am looking for some guidance. I manage my parents home as a rental since they moved out of state. I am trying to figure out the best way to leverage the equity on their home they would sell this home at any time I choose I basically make all decisions on this house.

My thought is, how could I leverage the equity from this home what would be the best plan of action. Should I purchase the home from them. I want to take the equity and purchase a package of rental properties.

What are your thoughts any help is appreciated