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Updated almost 5 years ago on . Most recent reply

User Stats

14
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1
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Kelson Alexander
  • New to Real Estate
  • Brooklyn, NY
1
Votes |
14
Posts

House hacking second property in NY

Kelson Alexander
  • New to Real Estate
  • Brooklyn, NY
Posted

Hi BP family, HELP! Lol

I own a rental property in Florida (free and clear) and live in NY, I am looking to do a cash out refinance on that property so I could use the cash as a down payment on a two family here in NY in order to house hack my way to my second property, I am also looking to get a line of credit.

My question is, What should I do first, I am a little worried about the hard pulls on my credit in a short time.. any advise would be greatly appreciated..

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