Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

8
Posts
2
Votes
David Honeycutt
  • Rental Property Investor
  • Florida
2
Votes |
8
Posts

BRRRR Financing to start expanding

David Honeycutt
  • Rental Property Investor
  • Florida
Posted

Fellow Investors!

I have a townhouse free-and-clear, no mortgage. What's the best financing strategy to start expanding? Perhaps apply for a HELOC on the townhouse and apply a down payment on conventional loan, FHA (think there is a residence req) or something else?

~David

Most Popular Reply

User Stats

9,861
Posts
5,552
Votes
Eliott Elias
  • Investor
  • Austin, TX
5,552
Votes |
9,861
Posts
Eliott Elias
  • Investor
  • Austin, TX
Replied

Pull the cash out and leverage your money ad much as possible. Put the minimum down payment on your next deal and keep cash to be able to capitalize in this market 

Loading replies...