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Updated over 3 years ago on . Most recent reply
Afraid of tapping in on 600k of equity
Hi I’m new to BP and I really need some help. I own 5 properties and I have more than 600k in equity and I’m thinking about possibly selling one property or just refinancing to use the cash to leverage more deals like a 10-20 unit building. Can someone please give me some advice. I’ve been playing it safe for a while and I don’t want to miss out anymore.. Thanks in advance for your time and input!
Most Popular Reply
Congratulations on what you have already accomplished! Having that size of equity and rental portfolio is still no small feat. What are your goals? I would first listen to the latest BiggerPockets podcast, Episode 447. The author of the book Vivid Vision discusses how to establish goals to achieve the future you want. I recommend reading Vivid Vision and taking the time to sit down and map out what success in real estate means to you.
Sincerely,
Josh