Am I able to Utilize my Residence Equity to purchase Another Home?
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Yes, you can make use of your equity from 1 home to buy another home, and there are numerous advantages to doing this.
Home equity is a low-cost, convenient option to fund investment home acquisitions. It may make sense to use the equity in your primary home toward the down payment on an investment property if you reside in a well balanced market and so are interested in investing in a rental home. […]