Thanks to our rise in equity, last year I refi’d our house out (just rate and term-no cash out) into a conventional 30-year with the same 2.75% interest rate, so that my VA entitlement could be fully restored as we don’t plan to live here forever, and could then use it on our future primary residence, while keeping this one as a rental.

Some have more than $1 million in equity while others have less.4.

Hey Devonne,200k in equity is AWESOME!

We have about 80k in equity in our home.

You could consider turnkey properties that you believe has some built in equity and take financing up front.

So, unless you did some substantial improvements were made you may or may not have an appreciable difference in equity.

. $150k in equity. 

Some have more than $1 million in equity while others have less.4.

This is not great compared to areas like Gary Indiana where rent is $1500 on a place costing $100k but the social advantage makes me feel better as less investors are willing take lower profits (less land lord competition) - and I know the returns will come in equity in the areas I want to invest.So the core questions - 1. would DSCR work well for me?

Hello All,I have a SFH property with about 500K in equity and a VERY low interest rate in an appreciating market.