Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 8 years ago on . Most recent reply

User Stats

2
Posts
0
Votes
James Kaszin
  • Jamaica Plain, MA
0
Votes |
2
Posts

How to tap into approx $1 million in investment property?

James Kaszin
  • Jamaica Plain, MA
Posted

Hi Folks,

I am interested in taking equity out of my investment property, currently ~$1,300,000 market value with a $310K mortgage = ~$1,000,000 equity, and putting it to work by purchasing another similar, 3 family building. If this is doable, can you tell me what products I should look into? How much I can take out? How can I maximize this limit? Is it possible to purchase with 0% down? 

Ideally, I would like to purchase another 3 family $400k-$500K in Boston for little to no out of pocket.

Is this feasible? 

Loading replies...