http://www.biggerpockets.com/askbp007 – In this episode of the #AskBP Podcast, Brandon Turner explains how exactly to utilize your property equity to acquire financial investment properties. You will find out the essential difference between financing and a line of credit, as well as whenever (and when) to utilize each on particular real-estate discounts. Also, Brandon addresses the negative facets of utilizing your home equity, and finishes with a tale of exactly how his in-laws used their equity to buy an amazing duplex.
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Real-estate Professional Tony Joe and Mortgage Broker Specialist Sharon Mitchell show how you can take equity from your own home purchasing investment residential property, making use of a real-life example predicated on home Tony sold to a customer in 2003. www.tonyjoe.ca