Financing Question - Brand New Member from Memphis Area

[Faith Wicks]

My husband and I are looking to start our own REI business in the Memphis area. We've both owned and sold homes before, so we understand basics of buying and selling, but reading through a lot of this info on bigger pockets is a totally different ball game. We want to start with 2 properties using home equity. Will our consideration and amount increase if we wait to apply for it after reducing our debt load some or does it mostly depend on the value of our home vs what is owed?