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Updated almost 7 years ago on . Most recent reply

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12
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2
Votes
Kamilla Ilishayeva
  • Real Estate Agent
  • Philadelphia, PA
2
Votes |
12
Posts

Should I use the equity in my home for a flip?

Kamilla Ilishayeva
  • Real Estate Agent
  • Philadelphia, PA
Posted

Hello again all.

I have some equity in my home and want to take it out and go after my first flip.

Is it a good idea? Any advice you can give me when it comes to this process. I will be partnering with a contractor so he would be responsible for the materials/labor and I'd be responsible for purchasing the property. 

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