If you have equity in some of your rental properties, what’s the best way to put that equity to work? That’s the first question I’ll be answering on today’s show! On this episode of Investing in Real Estate, I’m answering three of your thought-provoking questions.
This episode covers topics like utilizing your equity, using private money, and regulations regarding FHA loans. Click play to hear my answers to your questions!
On this episode you’ll learn:
- Options for tapping into equity to invest in real estate.
- How to work with private lenders on full-service real estate.
- What you need to know about utilizing FHA loans.
Options for Tapping Into Equity to Invest in Real Estate
If you have equity you can use to invest, I think that’s always a great idea. There are a lot of options in this scenario. A HELOC can be a smart way to utilize your equity, but it really depends on the situation. If you’re sitting on properties that have appreciated, you may want to consider a 1031 exchange instead. Here is a video on 1031 exchanges.
How to Work with Private Lenders on Full-Service Real Estate
If you are wanting to work with our team and are planning on using private money, we’d be happy to accommodate that! Before you sign any contracts though, I’d suggest booking a free call with us to see what your options are. We may be able to get you lower rates through some of our lenders. There is not a one-size-fits-all strategy, but we’d love to help you put together your individualized strategy!
What You Need to Know About Utilizing FHA Loans
At this point in time, many banks are loosening their restrictions on multiple loan programs. If you want to take advantage of multiple FHA loans, I would suggest reaching out to a few local banks until you find one that can work with you. You should be able to find lenders that can help you reach your goals, especially right now.
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5 Powerful Benefits of a 1031 Exchange
Dan Kraus at Churchill Mortgage
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DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.
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