Looking to leverage my primary home equity for First rental.

[Jose Trejo]

Hello I’m Jose, I am 21 and have my primary home which I am seeking advice on how the process would be to leverage the equity it has in order to possibly get info short term rentals or buying a Duplex to house hack and have two units in my portfolio making me money? 

I would also like to know how I could take the home I have out of my name and creating a LLC for my portfolio, would it have to be something I would do before I refinance

[Malcomb Stapel]

@Jose Trejo  the first one is easy. Call you banker, tell them you would like to use your equity to buy more properties, see what they say. 

The second one is only slightly less easy than the first. Wait until you get your equity tapped, setup your LLC, quit claim deed your property to the LLC, keep making the payments.