All Forum Posts by: Ashley Phillips

I currently own a duplex (live in one side and rent the other out). My duplex is worth about $405,000 and I owe 245,000. I would like to use the equity I have built up in my current duplex to purchase another investment property. What lenders do you recommend to work with to access the equity in my duplex and how do I go about purchasing another property and not paying the 20-25% down. I was told that for investment properties the down payment is larger than if I were to live in it as my primary residence. Who has any creative ways I can go about making this happen?