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12
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Cary Beadle
  • Knoxville, TN
3
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12
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Downsizing primary residence to use extra cash

Cary Beadle
  • Knoxville, TN
Posted

I just bought my first SFR and am currently looking for my second. As I am always trying to think of how to fund the next deal, I considered selling my primary residence and downsizing to use the extra cash as down payments for multiple rental properties. Does anyone have experience with this? I know that using a HELOC or refinancing are options, but not using leverage for the down payments would be preferable.

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