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Updated about 6 years ago on . Most recent reply

Michael Corbin's profile image
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Michael Corbin
  • Member since Feb 26, 2019
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Michael Corbin's profile image
Michael Corbin's profile image
Michael Corbin
  • Member since Feb 26, 2019
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Michael Corbin
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Multi-Family and Apartment Investing

pulling out cash from my first 2 family investment.

Michael Corbin
Posted

Hi 

I recently purchased a 2 family property fully rented for 55K. I used the HELOC on my personal property to purchase all cash. there's no equity, I just bought for the cash flow. I'm thinking of pulling out cash on the 2 family. Is this a good idea ?

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