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.
Real Estate Deal Analysis & Advice
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 almost 8 years ago on . Most recent reply

User Stats

12
Posts
3
Votes
Cary Beadle
  • Knoxville, TN
3
Votes |
12
Posts

Downsizing primary residence to use extra cash

Cary Beadle
  • Knoxville, TN
Posted

I just bought my first SFR and am currently looking for my second. As I am always trying to think of how to fund the next deal, I considered selling my primary residence and downsizing to use the extra cash as down payments for multiple rental properties. Does anyone have experience with this? I know that using a HELOC or refinancing are options, but not using leverage for the down payments would be preferable.

Loading replies...