Finding a way to start....Need advice!
Good Morning BP! I've posted a few times and got some really great responses. Here is my dilemma now. I currently own a home that I love. As I look for ways to get some doors in my portfolio, I'm thinking ahead. I currently have 80k in positive equity in my house. Here is my question. Should I take out that equity to purchase my first property? My other option is refinance and use a line of credit for a down payment. ultimately, I want to move to a new home and rent out my current house. What is the best avenue I should take? Thanks in advance for your answers