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Updated over 9 years ago on . Most recent reply

User Stats

14
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4
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Thomas Cheek
  • San Diego, CA
4
Votes |
14
Posts

Using equity from first mortgage for down payment

Thomas Cheek
  • San Diego, CA
Posted

Hello everyone.  My wife and I are getting started in the real estate investment world with my lifelong best friend and were thinking about taking equity out of the home we own right now for the down payment on our investment property.  Any pieces of advice, or thoughts about the risks associated with this would be greatly appreciated.  

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