Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Can i buy a house for 25k and have equity if its valued at 50k?
Im thinking about investing in a 25k single family home thats actually valued at 57k. Will i instantly have 25k usable equity?
Most Popular Reply

No for two reasons. #1 - Most lenders will not loan at 100% LTV so you wouldn't be able to use the full $32k in equity that you may have. And #2 - Most lenders will require some "seasoning" period of ownership (usually at least 6 months), especially if you're looking to use a value more than double what you purchased it at.