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Updated over 10 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Casey Green
  • Investor
  • Midland, TX
1
Votes |
9
Posts

best way to get money out of a home

Casey Green
  • Investor
  • Midland, TX
Posted

Hey BiggerPockets,

Thanks for all the great info.

New member here with a question:

I have been researching and reading about rei and I have a plan in my head.  I wanted to to throw my situation out there and see if any responses lined up with my thinkng or learn something new.  Here we go.

I have no debt, including my home.  Home value is around 200,000k.  I have an emergency fund built up that i do not want to touch because I am very conservative (my outlaw nickname is like calling a big guy tiny) and like a safety cushion.  I want to get into real estate investing to get better returns on my money and build wealth for the future.  I will say that I want to be fairly hands off and increase monthly cash flow with minimum work.  (don't we all)  My question is this-

If you had access to home equity funds how would you access them and then invest them in real estate?

Thanks

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