All Forum Posts by: Nitin S.

Thanks @Stewart Wyne : That's great! Does equity line of credit has any expiry? Also, what if market goes down and equity goes down as well. How that works? Thanks!

Thanks @Peter Mac ! Though I cannot time peak but it will help me to think about some multifamily investments on bigger side! I will connect with you on BP to get more info on these deals!  

Thanks @David Faulkner for awesome reply as it clears some of the things for me! Currently, I do not have any issues on making payments and building more equity but I am thinking to sell to increase my buying power for the next time when market hits and do some investing now if find good deals somewhere out of state as in bay area its very hard to find something to get positive cash flow right now. Any thoughts around this? Much Thanks!

Hi Gurus,

My primary residence just in last 3 to 4 years has built 600k equity & have 500k on loan with 2.75% for 15yr fixed. Living in Silicon Valley. My question is should I sell this home and buy cheaper property as primary residence little far and use cash to buy more investment properties? This will give me 400K in cash. OR Keep living in it as interest rate is so good and use home equity loan to buy investment properties?  Basically, want to know what you would do if you are in my shoes? Any other advice or planning will be appreciated. Much thanks!

I also have 200k cash(some in stock market) which can be liquidated quickly. 

Please let me know if you have any questions.

Regards!