Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
BPCON2026 Orlando

October 2 - 4 Early Bird tickets are now ON SALE. Purchase your tickets today and save $100!

Get tickets
Followed Discussions Followed Categories Followed People Followed Locations
Personal Finance
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 6 years ago on . Most recent reply

User Stats

9
Posts
1
Votes
Kamil Nicalek
  • Real Estate Agent
  • Sarasota Fl
1
Votes |
9
Posts

Funding for next property

Kamil Nicalek
  • Real Estate Agent
  • Sarasota Fl
Posted

Have a property in NY fully paid off. Appraised At around $400k.

Looking to find best possible solution on how to finance next fix and flip or multi family purchase.

What would be the best route to take for fix and flip ?

(My previous flips were Cash)

&

Best solution for Rental property.

I do have 20% saved for a downpayment*

Any advice would be amazing thank you guys!

Most Popular Reply

User Stats

15
Posts
2
Votes
Tim Catalano
  • Realtor
  • SE Indiana
2
Votes |
15
Posts
Tim Catalano
  • Realtor
  • SE Indiana
Replied

I would recommend pulling some cash out of your "fully paid off" home and using it to buy your next deal.  If you can find something that you can add value to, you can continue to the process by pulling money back out and re-investing.

Loading replies...