Can You Use Investment Property Equity to Buy More Property?

This FREE book reveals how to pay off your home in 5-7 years on your current income: http://bit.ly/2gbSJLB Subscribe to our channel http://bit.ly/RYM-YT Investment Property Use Equity Line to Buy More Property? Find out more in this video. Transcript Hey gang. Got a question and I'm going to read it off to you because I'm not sure what the heck it's talking about, but I'll take a stab at it. Investment property use equity loan to buy more property. Let me repeat that again. Investment property use equity loan to buy more property. I'm assuming you're asking can you take an investment property that you currently own that you have equity in, pull equity out of it to buy more property. If that was your intended question the answer is yes. You can most certainly do that. You can use an equity loan for anything. If you want to go buy a tractor, or a car, or another property. You can do anything you want it's essentially your money to do whatever you want with. Obviously, I would not use it to buy liabilities and I would promote using equity from any type of property to buy investment properties. Investment properties are those things where you're essentially buying income. If you got a $1,000 rental property and it's a $100,000 loan your payment on that $100,000 is going to be roughly $340 on a home equity loan of credit. You've got $660 of income that you just generated by buying that property. You're leveraging the banks money to buy that property. All you're doing is using the banks money to buy yourself more income. Absolutely, I would use any equity whether it be your primary residence, vacation home, more investment property to buy more properties. All you're doing is buying yourself more income and the more income you buy yourself the cash flow you're going to have. The more cash flow positivity you are, the faster you pay off your debts. Our strategy actually encourages you to buy as many properties as possible because every property you buy actually accelerates the payoff of that debt and other debts even faster. If you like that video be sure to like here, subscribe to our channel. Take care, God bless. You guys are still here, awesome well click somewhere on this screen, I'm not really sure where. I've picked out 2 more videos that I believe you'll find a lot of value from. Take care, God bless.