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Updated over 5 years ago on . Most recent reply

Amanda Paugas's profile image
Amanda Paugas's profile image
Amanda Paugas
  • Rental Property Investor
  • from Vernon Rockville, CT
  • Member since Aug 6, 2015
  • Posts 18
  • Votes 11
  • Experience 11 Yrs
  • Investments 4
Connect

User Stats

18
Posts
11
Votes
Amanda Paugas's profile image
Amanda Paugas's profile image
Amanda Paugas
  • Rental Property Investor
  • from Vernon Rockville, CT
  • Member since Aug 6, 2015
  • Posts 18
  • Votes 11
  • Experience 11 Yrs
  • Investments 4
Connect
Amanda Paugas
  • Rental Property Investor
  • Vernon Rockville, CT
11
Votes |
18
Posts
Creative Real Estate Financing

Using equity to buy additional properties?

Amanda Paugas
  • Rental Property Investor
  • Vernon Rockville, CT
Posted
I have 3 rental properties with approximately 100-115K of equity combined. I currently have conventional 30 year mortgages on all of them, so some of that equity is the 25% down that was originally required. I have no cash on hand and my 401k was used to purchase one of the properties. Is there a way to use the equity in these rental properties to buy additional units? Thanks!
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