How to LEVERAGE your home to buy a rental property

2 months ago
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If you’re considering buying a rental property with your home equity, here’s what you should understand:
-Because mortgage rates have started to decline, it’s a great time to buy real estate.
-The current housing shortage offers opportunities for investors, as long as you buy in the right markets with plenty of demand.
-If you can get a deal with returns higher than your home equity product’s rate, you’re likely making a smart move.
-Investing now allows you to buy real estate before prices explode – setting you up to capture even more equity in the coming months and years.
-Only take out a loan against your home’s equity if you’re confident in your ability to pay it back.
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