130 k in equity in my first property and no idea how to use it

130 k in equity in my first property and no idea how to use it

Chicago, IL · Member since 2015 · 52 posts · 8 votes

I have approximately 130k in equity in my first property and no idea how to use it. Is it better to sell so I can OWN more of the next purchase? , or should I take an equity loan and go further into debt? PLEASE HELP, I'M MISS MY KIDS AND MY WIFE, I WORK ALMOST 80 HOURS A WEEK AND I FEEL LIKE I'M SO CLOSE TO BEING ABLE TO GET OUT. I JUST NEED SOME ADVICE 

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  • Chicago, IL · Member since 2015 · 52 posts · 8 votes
    10y

    thank you Ruby,I found this site by accident two days ago, I've already listened to a few podcast and the most recent webinar. I feel like there is finally light at the end of the tunnel  and my family is on their way to getting daddy back. Thank you and I look forward to connecting with you and others. Talk to you soon.

  • Real Estate Investor · Houston, TX · Member since 2015 · 269 posts · 31 votes
    10y

    @Ramon Moreno

    We are super excited to have you apart of the BP family now!

    Initially I began my investing career looking into fix and flips, then shifted my attention to the Notes side of the business. I found that area to be an excellent opportunity to create passive income and strong capital gains.

    Looking forward to connecting with you, who knows maybe even do a deal together!

  • Investor · Yokosuka, Japan · Member since 2014 · 631 posts · 184 votes
    10y

    @Ramon Moreno, Welcome to BP. It was a fortunate accident that landed you on this site. I wish you much success finding the path back to your family life. They need you!

  • Chicago, IL · Member since 2015 · 52 posts · 8 votes
    10y
    Originally posted by @Pyrrha Rivers:

    @Ramon Moreno, Welcome to BP. It was a fortunate accident that landed you on this site. I wish you much success finding the path back to your family life. They need you!

     Thank you for reaching out, any advice you can provide  would be greatly appreciated. 

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