@Cynthia OistadIf you go with the equity pull out you defiantly want the home equity loan no the line of credit.

Plus...escape velocity...Episode 113 – Jay Papasan - Very practical slow and steady adviceEpisode 221 - Tim Shiner - his concept of equity build up and "shearing the sheep" shows some of the flexibility of real estate vs a 401k Last but not least, I strongly recommend all the tax advice given by my fellow CPAs.Amanda HanBrandon HallTax Reform Update – Brandon Hall and Amanda Han Linda Weygant GuidesUltimate Beginners Guide Forum StickiesBP Calculators or spreadsheets uploaded by membersMy Favorite Books I have to say all of the BP books…right?

I dont have what they are asking but I do have home equity and own a piece of property outright.

I would like to close tomorrow as the deal is favorable and the contract expires tomorrow and the seller is more focused on the eviction and wants out.

I saw the same things happen in Altamonte to low income apartments built as such for favorable financing when they were rehabbed 15 years after and sold as luxury condos.

Build equity and then refi out of them for more cash to buy more.

That makes this very attractive as I can do that 3 times by October for a total of $120.000 each, which should total my possible equity borrowed.

I know the idea is to make your equity in the purchase price, but as a passive investor who is busy with a full-time job, 2 kids and 2 dogs and a 104 year old house, finding great deals is just not practical for me.

If you can grow your net worth average at least 1% per month, through saving, investment performance, equity growth and debt pay down, you'd be killing it.Don't wait to pay off all your debts before you start investing. 

No instant equity. ie.