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Updated almost 6 years ago on . Most recent reply

Michael George's profile image
Michael George's profile image
Michael George
  • from Jacksonville, Florida
  • Member since Mar 26, 2017
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Michael George's profile image
Michael George's profile image
Michael George
  • from Jacksonville, Florida
  • Member since Mar 26, 2017
Connect
Michael George
  • Jacksonville, FL
0
Votes |
9
Posts
General Real Estate Investing

Best way to buy your 1st property

Michael George
  • Jacksonville, FL
Posted

I am a newbie in real estate investing. I currently have a home and my SO is buying a home of her home. When we move I plan on renting out my existing home. My question is further down the line when I want to invest in another property, should I take out equity in my home that I now will be renting OR apply for a brand new conventional loan whereas I would need 20% downpayment?

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