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Updated about 10 years ago on . Most recent reply

Dave Mazza's profile image
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Dave Mazza
  • Real Estate Investor
  • from Erie, Pennsylvania
  • Member since Feb 20, 2015
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Dave Mazza's profile image
Dave Mazza's profile image
Dave Mazza
  • Real Estate Investor
  • from Erie, Pennsylvania
  • Member since Feb 20, 2015
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Dave Mazza
  • Real Estate Investor
  • Erie, PA
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General Landlording & Rental Properties

Home Equity to purchase other rentals

Dave Mazza
  • Real Estate Investor
  • Erie, PA
Posted

Hello,

I have 1 condo that I am renting and will have paid off within 4-6 years.  I'm up in the air of buying another one currently, but down the road, if another deal pops up, would it be wise to use a Home Equity loan on the paid off rental for the downpayment on another or even pay in full for it if it works out that way?

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