BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated almost 3 years ago on . Most recent reply
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Equity Stripping Techniques
Hello All!
I wanted to reach out to the community to see if anyone would like to offer insightful ideas as to wisely "equity strip" rental properties as to #1 limit exposure and #2 consistently keep your equity work for you.
Feel free to be as detailed as you would like on any ideas or procedures you follow when it comes to limiting exposure as well.
Thank you!😀
Most Popular Reply
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Two of the more common/simpler options are to do a cash-out refi or a HELOC. Both can reduce your equity (or appear to), and can provide you with funds to redeploy into other investments (thereby "keeping your equity working for you")