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Updated about 2 years ago,
Using Equity to build rental portfolio?
Hi, I have a beachhouse that has approx 750k of equity and am looking at doing 1 or multiple things. At the very least, I will be using this property as a short/medium term rental. Also, I was wondering how/is it a good idea to use the equity in this property somehow to purchase other rental properties? Any tips are much appreciated! is there an episode i can listen to that targets this question? I should note this beach rental is in a popular location and renting the home shouldn't be an issue for families looking to enjoy a week or two super close to the beach.
Thank you!