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Updated over 4 years ago,

Dennis Williams's profile image
Dennis Williams's profile image
Dennis Williams
Pro Member
  • Real Estate Agent
  • from Davenport, FL
  • Member since Sep 26, 2013
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User Stats

107
Posts
30
Votes
Dennis Williams's profile image
Dennis Williams's profile image
Dennis Williams
Pro Member
  • Real Estate Agent
  • from Davenport, FL
  • Member since Sep 26, 2013
Connect
Dennis Williams
Pro Member
  • Real Estate Agent
  • Davenport, FL
30
Votes |
107
Posts
Innovative Strategies

How to use the equity .

Dennis Williams
Pro Member
  • Real Estate Agent
  • Davenport, FL
Posted

What do you do when your appraisal comes in $100k OVER the purchase price.

My goal is to buy 20 units each year and we are about to close on our first 4 unit building next week. The appraisal came in a lot higher than I expected. What would you do with the $100k equity?

- Business term loans up to $100k

- HELOC up to $80k

- Or ..........

  • Dennis Williams
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