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
Followed Discussions Followed Categories Followed People Followed Locations
New Member Introductions
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

User Stats

3
Posts
2
Votes
Maira Delao
2
Votes |
3
Posts

What should i do with my equity

Maira Delao
Posted

I currently own two properties both with good amounts of equity. I live in one and rent out the other one. The one i rent i pay 550 out of pocket monthly. I plan to refinance and not sure what to do with the equity. The 3 options i have came up with it is 1. Pay off one property ill be saving $1000 a month, 2. build an ADU were i currently live, i plan to rent it out to section 8 hoping to get top dollar $2400 a month or buy a multi family home although prices in Ca are very high.

Loading replies...