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 over 5 years ago on . Most recent reply

User Stats

21
Posts
1
Votes
James Cress
1
Votes |
21
Posts

Can i buy a house for 25k and have equity if its valued at 50k?

James Cress
Posted

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

User Stats

5,116
Posts
5,175
Votes
Kyle J.
  • Rental Property Investor
  • Northern, CA
5,175
Votes |
5,116
Posts
Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

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.

Loading replies...