All Forum Posts by: Tom Stevenson

Thanks so much. So when you buy your next property or use the brrr method, how do you typically finance it? Do you just do a typical loan/mortgage with a bank and use money in your savings account to put a down payment.

Just trying to figure out what is the best method to put a down payment. Take home equity or use the money I have in the stock market.

Thanks for helping as I am very new to this :) 

Hi everyone,

I’m new to real estate and could really use some guidance. I currently own my home I live in (not paid off) and have one rental property that’s fully paid off thats profiting about 1k a month. I also have about $200k invested in the stock market (not retirement account).

I’m looking to buy my next investment property to grow my portfolio. I’ve heard about home equity loans and HELOCs, but I want to keep my money in the stock market to maintain some diversification.

My question is: would it be wise to take out a home equity loan for the full $200k to keep my stock investments active? Or should I consider withdrawing smaller amounts, like $100k?

Any insights or advice would be greatly appreciated!

Thanks in advance!