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All Forum Posts by: Codi Shaw

Codi Shaw has started 1 posts and replied 2 times.

Buying & Selling Real Estate

Post: How would you get your third property?

Codi ShawPosted
  • Flipper/Rehabber
  • Rochester, NY
  • Posts 3
  • Votes 0

how does a home equity line exactly work? Do they write you a check for the assessed value of your home? Or the market value? And being a investor is my job so would they ask for any proof of income? 

0 Votes
Buying & Selling Real Estate

Post: How would you get your third property?

Codi ShawPosted
  • Flipper/Rehabber
  • Rochester, NY
  • Posts 3
  • Votes 0

Hello as you can read on my profile I am a new real estate investor. And I have 2 homes. I currently am trying to achieve my 3rd home. So I was wondering is it possible to use my property as collateral to a bank for another property I find? Or could I use the houses for collateral for a cash loan? Any answers advice or tips would be GREATLY appreciated. Thank you. From your new member Shaw development 

0 Votes