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All Forum Posts by: Dillon Jay

Dillon Jay has started 1 posts and replied 4 times.

Starting Out

Post: Use equity in my home to pay down my home or invest in a rental?

Dillon JayPosted
  • La Quinta, CA
  • Posts 4
  • Votes 0
@Jeff Schechter No it does not.
0 Votes
Starting Out

Post: Use equity in my home to pay down my home or invest in a rental?

Dillon JayPosted
  • La Quinta, CA
  • Posts 4
  • Votes 0
@Tony Kim Thanks Tony, I'm in no rush. I'm more or less weighing my options. La Quinta has been growing quite a bit and I walked into a pretty good deal without knowing it. I'd like to try and start generating income with the equity I have, but paying down my principal and walking away with a paid off property in this area sounds pretty good too.
0 Votes
Starting Out

Post: Use equity in my home to pay down my home or invest in a rental?

Dillon JayPosted
  • La Quinta, CA
  • Posts 4
  • Votes 0
I have a home in Southern California that I bought for $225k. It has appreciated around $290k in the two years I have lived here. I would really like to purchase a rental using a Heloc strategy, but I'm not sure if it's a good time to invest my equity or if I should use it to help pay down my home value over time. Any suggestions?
0 Votes
Innovative Strategies

Post: How I went from 0 - 20 properties w/out investors or my own money

Dillon JayPosted
  • La Quinta, CA
  • Posts 4
  • Votes 0
@Brian M Sweeney Thank you for sharing Brian. How long did this process take you and what kind of issues did you run into while leveraging your properties?
0 Votes