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Updated almost 8 years ago on . Most recent reply

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76
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Aaron Cooper
  • Investor
  • Jacksonville, FL
22
Votes |
76
Posts

How to best utilize my equity?

Aaron Cooper
  • Investor
  • Jacksonville, FL
Posted

hi BP community, i am looking for recommendations on how to best use my equity I have in some of my rental properties.

I have 4 properties that have a combined equity of about $700k.  I have 2 30 year fixed mortgages totaling about $200k.  So a total value of about $900k.  These properties produce $90k a year in rent.  They are A/B class rentals.

I feel I could better maximize all this equity but what is the best way to do That when its spread amoung 4 properties?

Thanks for any ideas and recommendations! 

Most Popular Reply

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7,695
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7,861
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
7,861
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7,695
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Caleb Heimsoth
  • Rental Property Investor
  • Durham, NC
Replied

To me the obvious answer would be apartment complexes

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