Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
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

Updated over 7 years ago on . Most recent reply

User Stats

11
Posts
1
Votes
Mario Flores
  • El mirage , AZ
1
Votes |
11
Posts

A quick question on 2nd property

Mario Flores
  • El mirage , AZ
Posted

I bought my 1st property march 2016. Im looking into buying a 2nd primary home and renting out my first property. My question is, can I refi my first home just to get the downpayment? Or should I use a heloc. My home is praised at 200000 and I owe 160000. I asked myrealtor what my home was worth. I need only 5%down for my second mortage as it would be a conventional. I would like to stay under 200k

Loading replies...