Using home equity to buy real estate
I am new to real estate and would like to find a way to get started. I don’t have much money saved and I’m not able to get a loan. I do have a house I bought it 2013 through a foreclosure. I owe around $79000 and It’s worth probably 220,000. Should I try to use that equity to buy property and rent out? Any and all advise would help.