Updated 13 days ago on . Most recent reply
Financing a down payment
Hi there. I want to use my equity for a down payment on my second investment and want to know if anyone has experienced issues with financing both a down payment and the mortgage. If so can you share those issue and what you did to overcome them?
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Nicholas L.
#2 Out of State Investing Contributor
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- Flipper/Rehabber
- Pittsburgh
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short answer - this doesn't work, you'll just lose money servicing the total debt.
save up more cash.



