Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 5 years ago on . Most recent reply

Funding for next property
Have a property in NY fully paid off. Appraised At around $400k.
Looking to find best possible solution on how to finance next fix and flip or multi family purchase.
What would be the best route to take for fix and flip ?
(My previous flips were Cash)
&
Best solution for Rental property.
I do have 20% saved for a downpayment*
Any advice would be amazing thank you guys!
Most Popular Reply

I would recommend pulling some cash out of your "fully paid off" home and using it to buy your next deal. If you can find something that you can add value to, you can continue to the process by pulling money back out and re-investing.