What state are you looking to purchase in ? 

We have a 480k mortgage on it, we have a 400k heloc as well that I use for investment purchases and then refinance after we fix up to pay the heloc off.

I work with investors and agents throughout the state and would be happy to connect.Staci Thanks Staci looking to purchase my first fix and flip hopefully soon!

purchasing a 2 family home next week. looking to see what brand everyone is using for Luxury vinyl plank flooring.Thanks in advance!

Hey Jennifer, The only other way that you can tap into the equity from another property to purchase a new one, without having to refinance or obtain a HELOC is through a cross collateral loan.

You will need an offer to purchase contract, promissory note, and deed of trust if you are looking to do an owner financed lot.

Purchase price: $165,000 Cash invested: $25,000 Sale price: $234,900 Partner Driven and Jamari Spruell completed a successful fix-and-flip on Mount Zion Blvd, Ellenwood, GA.

Purchase price: $60,000 Sale price: $70,000 We assigned our property interest to a cash buyer, stemming from a bandit sign lead.

We're researching keeping this property and purchasing a new house in NE.

Same thing with your HELOC, if it's a $0 payment, it's a $0 impact.Not discouraging the purchase by any means, but food for thought: "There's no free lunch" if you're getting a below market rate from the builder that's getting paid for in the purchase price.