New Member - One Investment Unit - Advice for 2nd Needed

[Ray D.]

Hello Everyone! I am a new member here that recently discovered this podcast and it is great!

I purchased a small condo a few years back as an investment and I have tenants in it.

I paid it all off already and they are currently selling for $60K. I am interested in purchasing another unit but I am not sure if I should pull the equity out via a HELOC or if there is another option that will give me a down payment on another unit.

Any advice would be greatly appreciated!

--Ray