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Updated almost 6 years ago,
Equity out of parents home
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