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Updated about 6 years ago on .

User Stats

8
Posts
2
Votes
Rodney Thibodeaux
  • Property Manager
  • Baton Rouge, LA
2
Votes |
8
Posts

First BRRRR Question

Rodney Thibodeaux
  • Property Manager
  • Baton Rouge, LA
Posted

Hi guys, just looking for a little advice, I just got my appraisal back from my rental and it came back 101k on a 30k property. My question is now that its a sellers market should I pull all of the equity out and wait for the impending doom for buying power or just pull out what I originally asked for which was 60k that way I can braced for what impact might happen for any vacancy that might happen?

Thanks in advance