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Updated 3 months ago, 09/20/2024
Need advice on equity in rental
Hey folks,
So I'll try to keep it brief and short. I have about $187k in equity on one of my rental properties. I'm looking at investing outside of California; mainly Kansas. Reason being is because my brother-in-law is out there who can help out whether house hacking a duplex, tri, or even a quad. 2 question: 1. Besides traditional banks to access the equity via HELOC or refinance, what other programs are there via private lenders that will allow me to access that equity? 2. What is the Kansas market looking like for those who have invested there. Is it worth it? Thanks in advance!