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Updated about 2 years ago on . Most recent reply

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Multi-Family and Apartment Investing

What is the best way to pull out equity?

Salvador Olivares
Posted

Hello, I wanted to know what would be the best way to pull out equity from my home to reinvest that into a rental property. I have a 3.30% interest rate on my current home. I know that the interest rates are a lot higher if I refinance. Heard of several options like HELOC. Any advise is appreciated, thank you!

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HELOC is by far the most popular. Rate will probably be in the 9's. Just run #'s and pay back the HELOC when you use it

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