Cashing out to reinvest

4 Replies

how long do I have to wait to tap into the equity of my first rental which I will use to purchase my second property do I have to wait 6mo bc I would like to be on to my next property within 6mo. thanks in advance

@Charlie Fitzgerald so if I buy a house for 60K and it is apprasied for 80k I will only be able to withdraw my purchase price and closing cost? What about after 6 months will I have access to the full equity  and thanks for the info

Originally posted by @Tommy Mosley:

@Jerry [email protected] Fitzgerald so if I buy a house for 60K and it is apprasied for 80k I will only be able to withdraw my purchase price and closing cost? What about after 6 months will I have access to the full equity  and thanks for the info