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All Forum Posts by: Debbie Stevens

Debbie Stevens has started 1 posts and replied 1 times.

General Real Estate Investing

Post: Sell rental to use equity for kore properties?

Debbie StevensPosted
  • Posts 1
  • Votes 0

*More, not kore. 

I have a condo (former Primary Residence) that I currently rent to a family member at cost. It has zero cash flow, but over $100K in equity. My new primary residence is paid for in full (thanks to the grands that passed). I want to use some of this equity to purchase more rentals, I just need help being pointed in the direction to maximize the equity. What would you do if you were sitting on $550K in equity? 

0 Votes