Irina Badal
Home equity loan vs cash for down payment
Hi. I’m new to BP. I would like to buy my first investment home. I have built enough equity in my primary home. I have cash too. What would you advise to do to pull some equity to pay for down payment and invest cash ...
Cory Peters
Using equity in property to purchase another property
I would like to use the Equity in one of my rentals to purchase another property. Should I access that Equity with a HELOC or a Cash out Refi?
Abraham Saldana
Pulling out equity from multiple properties
Hi everyone,I am making the jump into apartment complexes and I am having (typical) newbie issues of raising funds to purchase. I was wondering if anyone was able to pull equity from multiple properties all at once? ...
Faisal Khan
Equity on paid off investment properties
Hey guys I have 30 paid off single family and townhomes. I am thinking to use the home equity line on it to purchase land that I can build a townhome community on to sell.
The road block I am coming across. The bank...
Aundre Oldacre
Equity from existing property for development
I'm looking to do a knock down a property I own and buy next door to building a 24 unit apartment building in Brooklyn. Will commercial lender allow me to use the equity from the 2 buildings towards my down payment. I...
Cameron Ellis
Selling Turnkey Properties/ Private Equity Comanies.
I'm looking to find any information on selling turn key properties to IRA holders, individual investors, and private equity companies.
Lately I've been wholesaling turn-key properties to investors in my marke...
Brock Best
Home equity loan for rental property
I have about $26,000 of equity in my current home I’m living in. Can I take out a home equity loan to purchase my first rental property to use to cover the down payment, closing costs, etc. without having to actually...
Christina R.
Getting Equity Out of Rental Property
Hello,I am interested in taking equity out on a paid off investment property in Philadelphia, PA. I bought it about 6-7 months ago with my father and am unsure what options I have at this point, and how favorable inte...
Russell Buxton
Pulling equity out of rental properties
Any tips on the best ways to pull out equity from rental properties? I own 5 free and clear all around 200K. I want to leverage up. Been turned down for HELOCs as I own too many properties (their reasoning, despite 8...
Walter Brennan
Pulling out equity in a property
I purchased a home for $42,000.00 and it currently is rented out for $800/mo by the same tenant for the past 6 years. I want to put a mortgage on the property for $65,000.00 to do some other business. The home current...