Updated about 6 years ago on . Most recent reply
Using equity to buy additional properties?
I have 3 rental properties with approximately 100-115K of equity combined. I currently have conventional 30 year mortgages on all of them, so some of that equity is the 25% down that was originally required. I have no cash on hand and my 401k was used to purchase one of the properties. Is there a way to use the equity in these rental properties to buy additional units? Thanks!