Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Purchase a home using another as collateral?
I don’t know how to go about this, very new to real estate. We have a house paid off but it needs lots of fixing. Can I put this house as collateral maybe to purchase another house in better condition to move into, so this house can be fixed up. Don’t know if this makes sense?