Personal Finance
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 2 years ago on . Most recent reply

Equity Loans for Down Payment on Multi Family
Hi everyone, I kind of new in the world of investing in real estate. I currently have a single-family home in Fayetteville, NC. I paid the home off this year and the house is valued at around 240k. I want to invest into a multi-family not sure where but I was thinking either in Fayetteville, NC, Florida or Texas. I want to get the money situation figured out before I continue looking at multi-families. Can anyone give me advice on what my best option would be to fund the down payment? HELOC? Home equity loan? Cash out refinance even if the home is already paid off? Any help would be greatly appreciated.