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Creative Real Estate Financing

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David Cornett
  • Rental Property Investor
  • Chicago, IL
7
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35
Posts

Looking for advice. Cash out refi/ HELOC, or just save?

David Cornett
  • Rental Property Investor
  • Chicago, IL
Posted Sep 20 2018, 11:55
Looking for advice on best way to go about buying my next investment property. I own a condo which is worth about 160k, and owe 110k. I just purchased a single family residence for my primary residence 3 months ago. I’m looking at buying a property via the Real Wealth Network site, which matches you with a company that provides a turn key investment. The area I’m looking in looks like I would need to come up with about $30k cash. What’s the best way to tap into my investment condo to fund this second property?

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