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All Forum Posts by: Brandon Workman

Brandon Workman has started 1 posts and replied 2 times.

Hey Dave, 

Thanks for the reply! That's a great thought about the equity loan or line of credit and something else I've considered as well. I currently do have a HELOC on one of the properties. It's not large enough to out right buy most properties and then start the brrrr process, but I definitely could use it for down-payments. That would at least keep me moving.

I currently have 2 investment properties, both single family homes. I cash flow about $700/month each. I have a good amount of equity in both as well. I really want to grow my portfolio and am thinking about doing a cash out on one of them and start brrrr'ing or perhaps just buy something bigger like a quadplex. The kicker is my interest rate is 3% on both. 

Should I sacrifice the cash flow and the great interest rate to jump start my real estate business?