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All Forum Posts by: Franchesca Potter

Franchesca Potter has started 2 posts and replied 2 times.

BRRRR - Buy, Rehab, Rent, Refinance, Repeat

Post: I have cash and equity in my home, what should I do next?

Franchesca PotterPosted
  • Posts 2
  • Votes 0

I have 30k cash, 780 credit score and 102k equity in my home. Should my next step be to refinance my house and use the money to purchase a multi family? Multiple single families? Should I go to my loan officer that I initially got my mortgage from? Should I focus on finding homes in pre foreclosures so that I can buy for cheaper? Do I need a real estate agent? My dad is an experienced contractor, so I have no hesitation about investing into a home that needs work. I’m just trying to create passive income

0 Votes
Starting Out

Post: I have 30k cash and 100k equity investors my house. What next?

Franchesca PotterPosted
  • Posts 2
  • Votes 0

I have 30k in cash and a 780 credit score. I only owe 95k on my house and Zillow says it’s worth 197k. My Dad is an experienced contractor and landlord. What should I do next to invest this money with the most return?

0 Votes