Updated about 3 years ago on . Most recent reply
About 800K in equity in main property looking to buy another
I have a main property which I just got appraised and have a bit over 800k in equity. I'd like to purchase another one nearby to use as my main one and put this one on the market as a rental. What are my options as far as financing goes for a new property. Do I need to have the cash for another 20% or is there a way? Really appreciate your thoughts and ideas.