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
General Real Estate Investing
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

15
Posts
1
Votes
George Ostojic
  • Norridge, IL
1
Votes |
15
Posts

Using you personal residence Home Equity to invest

George Ostojic
  • Norridge, IL
Posted

Hello BP! Anyone ever use your personal home equity (basically your own residence) to purchase a real estate investment? Good or Bad?

  • George Ostojic
  • Most Popular Reply

    User Stats

    122
    Posts
    46
    Votes
    Clayton Plank
    • Investor
    • Jacksonville, FL
    46
    Votes |
    122
    Posts
    Clayton Plank
    • Investor
    • Jacksonville, FL
    Replied

    @George Ostojic, I have used this strategy and it has worked great. I used it for down payments on owner finance deals, rehabs, and even whole purchases. I just make sure I pay that money back first before I try to pay myself anything or go after other deals. I use it similar to the BRRRR strategy as I use it then pay it back until I find another deal and then repeat. I like the method as I am not paying for the money if I'm not using it.

  • Clayton Plank
  • Loading replies...