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Updated almost 9 years ago on . Most recent reply

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34
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Senad Salihovic
  • Louisville, KY
0
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34
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Buying Investment Property With Equity

Senad Salihovic
  • Louisville, KY
Posted

Hey everybody:)

I am looking to buy another rental property, I have enough equity in my main residence and in my first rental property to get me another property. 

Should I use the equity in my primary residence or from the first rental? 

Whats the best way to use equity? How would I take it out? Line of credit?

Or should I just buy the property with 20down and just save the equity for bigger deals in the future?

Any ideas or info will be helpfully, I looking to buy sometime in February.

Thanks everyone:)

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