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Updated over 11 years ago on . Most recent reply

User Stats

9
Posts
3
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Joe Nasr
  • Real Estate Investor
  • Los Angeles, CA
3
Votes |
9
Posts

home equity loans

Joe Nasr
  • Real Estate Investor
  • Los Angeles, CA
Posted

Hi, i'm not even sure if that's the right forum to ask my question in. ( that's my first post )

I just moved to the states, and want to get in the real estate business. ( was in this business in my home country but its little different over there :)

I don't have an income yet but i have some cash to invest.

I thought of purchasing a property in cash and then rent it. After renting it, is it possible to ask for a home equity loan to put some of the amount on a down payment for another property?  

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