Anthony Colachicco
Selling primary residence and using equity
Looking to sell my primary residence soon and will have approx. $150k in equity after closing costs, etc. Wanting to get into investing instead of putting all $150k into my next primary residence. My thoughts have bee...
Amber Golson
Atlanta BRRRR Rookie
👋🏽 everyone!I'm Amber, a rookie investor residing in the Atlanta area. I started my journey last year with a partner by purchasing a short term rental in North Georgia.I purchased my primary residence in 2016 and now ...
Jeremy F.
Leveraging Primary Residence Equity for First Rental Investment
For a first time real estate rental investor, is it a good idea to pull out equity from your primary residence in the form of a refinance, HELOC, or home equity loan based on today's current rates to fund your first p...
James T McBride
Buy first BRRR with your personal residence equity
Does it make more sense to pay off your personal residence, or try to refinance out some equity to buy your first BRRR property?
Donavon Davies
Pulling out primary residence equity for first deal?
I just wanted to bounce this idea off the forum. I thought that I would be able to find something already on here about it but I couldn't. I'm in the West Palm Beach area and I bought my primary resident back in 2012....
Joey Signa
When to start investing with Primary Residence equity?
Hey everyone, this is my first post after consuming as much about REI as i can take. I am a licensed Realtor and have just started my career in Charlotte, NC but want to start REI as a retirement plan. My question is ...
Benjamin Brewer
Newbie Advice on BRRRR and Flips
Okay, so I'm ready to begin investing in RE. I currently have a primary residence home with about $225,000 in equity, and I have about $25,000 liquid, and a credit score in the mid 700s. I am also a part time Realto...
Stephen Smith
Members from Hemet, California !
Hello BiggerPockets community! We’re Steve and Jordyn Smith residing in Southern California. We’ve been married for six years and are looking to move away from our monotonous lifestyle revolving around work. Our two ...
Julian Buick
Is using a HELOC for private lending considered brokering?
If I take out a line of credit against my primary residence and lend it to someone for a fix and flip, is that considered brokering since I'm lending out someone else's money? If so, would a brokers license be required?
Bennett Coleman
Primary Residence to Build Equity for HELOC
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $240,000
Cash invested: $10,000
Primary Residence to Build Equity for HELOC.