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Updated over 5 years ago on .

User Stats

11
Posts
12
Votes
Steve Elling
  • Rental Property Investor
12
Votes |
11
Posts

Creative equity loan options?

Steve Elling
  • Rental Property Investor
Posted

I bought two townhomes with cash this summer and two more units in the same development have popped up on the MLS in the last few days. Are there any loan packages available to pull equity from a rental unit that has no mortgage whatsoever? Can I get any cash out of one paid-off unit to use as down payments on the other two? Speak to me, BRRRR people! 👍