How to use your EQUITY to buy another home (step-by-step)

[@joselima5842]

DUDE. This video is AMAZING. So friggin straight forward and no rambling and extra garbage. Thank you!

[@WinTheHouseYouLove]

Thank you!

[@christiankennedy349]

This is the best video I have seen on how to leverage your current equity to buy another home or investment property. Straight forward, easy to follow, and extremely understandable. Walked away feeling more knowledgable on potential nexts to consider when expanding our real estate portfolio. Thank you!

[@WinTheHouseYouLove]

I'm so glad to hear!! Thanks so much!

[@CS-hg8gk]

This helped so much. Finally someone explained it step by step. I have enough equity to move primary residences with a HELOC. Thank you.

[@WinTheHouseYouLove]

Glad to help!

[@anthonypalmer468]

5% down payment is crazy to me, I guess I need to look harder in my area. 5% down vs. 20% down makes a huge difference in whether the deal will work or not. Great video around the general concept. Thanks.

[@kawaiisenshi2401]

FHA or VA Loan

[@mostmost1]

This is exactly the video I need. Plan to move in 2 years. My home has about 100K in equity ( so they say,fingers crossed). Right now my dti is high. Doing gig jobs to lower that debt to qualify for a heloc to knock out more debt before buying another home. Maybe. I need advice.

[@sharonfurey4019]

Hi there, check out Christi Vann for velocity banking...brilliant channel on reducing debt🙏❤

[@ki9206]

Thank you! Good video. The visuals, slower explanation, and the detail…good job

[@WinTheHouseYouLove]

Hey there! Thank you so much for your kind words and support! I'm really glad you enjoyed the video. It's great to hear that the visuals, slower explanation, and detail resonated with you. If you're ready to take the next step and start on a pre-qualification, you can head over to www.winthehouseyoulove.com. Thanks again!

[@sashasavings331]

great explanation! very detailed..... thanks for keeping it simply and not complicated.

[@KellyKels23]

Thank you for this info. I just decided to move back in with my mom for a year to get my finances in tip top while I rent out my first home and hopefully earn a little extra cash before applying for a HELOC. My plan was to take out a HELOC loan either to use for the next house or as a safety net in case I need to make any emergency repairs or cover the mortgage between tenants. I read that if my new property will be my primary residence, the 20% down may not be required, is that correct? If I can still do 3.5% then that gives me hope I can swing only using a portion of the HELOC, depending on the value of my next home, and still being able to keep some as that safety net.

[@judithalleynenwafor5266]

Very informative. You were clear in your explanations and examples. Thank you!

[@WinTheHouseYouLove]

Glad it was helpful! Thanks for watching.

[@Fredthegod1990]

Another important point not covered in this video is that with a Refi Cash-out you can expect to pay closing cost for the new mortgage.

[@WinTheHouseYouLove]

Thanks for the addition!

[@darylroddy112]

Great explanation! Serious question though, why would I use your company or any other 3rd party company to get a loan of equity when I can just go directly to my mortgage bank that owns the loan and ask?

[@TarynMarie1000]

Do you have a video explaining the repayment ? Is it added to your second mortgage or would you have three separate payments?

[@primatrader]

This is what I want to know, So basically you have 3 loans to pay...First home, Second home, and Home Equity?

[@eightymphmom58]

@@primatrader And that's why it's not realistic with today's interest rates. He doesn't really explain shit except taking on more debt. This is a big boy game and if you take on that debt it better be bringing in more money to service that new debt plus some. Average people are watching this thinking they can just buy a bigger house with NO extra income. Sorry to say that's not a good idea.

[@leighaortiz2495]

I feel like you made this video just for me 😊 right up my alley.

[@WinTheHouseYouLove]

Woah! Thanks for watching and best of luck!

[@UltimateMMAFan83]

At 15:00 you mention they can use equity to buy a new home and renters will basically pay for the new home. Here's my question! The first home that you have is not paid for and then you're renting it out, your renters will basically be paying the mortgage on your first house and you will be stuck with paying the note on the 2nd house. I could see the benefit of it ONLY IF RENTERS pay rent for a home that's paid for. Or am I misunderstanding

[@WinTheHouseYouLove]

The benefit of renting out a house is that someone else covers that mortgage. And because of that, when you choose to sell in the future, you get to keep the profit while not having to pay the mortgage to get the profit.

[@twashington4]

Save yourself 16 minutes. Sell your existing home for more than you owe on the loan. The difference is your profit from the equity or the increase in value on your home over the years you’ve lived in it. Use that profit to buy your next home. Just know that the market has likely changed from when you purchased your previous home and you’ll likely get a different interest rate even if you have money to put down. In short, you might be able to afford as much home as you think because home values and interest rates are up. Maybe you’ll get lucky. Cheers!

[@Bi6HusodaO6]

Keep the first home 🏠 get the equity get another home use the first home as passive income

[@cometcal2]

Remember, you may need to pay federal taxes on home appreciation beyond a certain limit. Also, some states charge the homeowner taxes on the sale of your home.

[@bri7929]

I rather have a paid off home then a nicer one "new" home with a payment. Period

[@nitab.2866]

Thank you 😊

[@jackmalloy333]

@@cometcal2i believe anywhere in us you can use a 1031 exchange where as long as you use proceeds to buy equal class asset (another home) there will not be a tax implication

[@Allison_647]

I was just wondering about this exact topic, and this was so helpful! Would you be able to make another video discussing using equity to pay down things like student loans? Like what are the pros and cons of doing that? Thanks!!

[@mistersniffer6838]

Why would you take out a 8% loan to pay down what i am sure is a much cheaper % loan?

[@plamenavramov7568]

Every KZbinr is saying how to use equity to buy another investment property but nobody isn't mentioning a little detail about pulling the equity of the primary property, will double the monthly payment. In my case from $3,000 to almost $6,000 how am I going to afford that??????

[@WinTheHouseYouLove]

The payment will be based on how much equity you take out. If your payment is doubling, you're taking out an remarkable amount of equity. Most people would just take out enough to finance a down payment on the investment loan. And the investment property is what helps pay down the financing (1st + 2nd mortgage) of said property. If the financing for an investment property is higher than the return of the investment property, it really isn't a good investment property.

[@CornelioAustin]

Another way to do it is use a home equity partnership. Companies like home tap and point for example, utilize a method where there’s no cost to access the equity.

[@CornelioAustin]

There are other details that are involved, but that’s just a quick example

[@emebetdesalegn1021]

How about your income from the investment you use the money for?

[@mugatu519]

Our home is paid in full. Would this still be a wise decision?

[@blueb4829]

Bought my home in 2020 for $295K at 3% interest. I currently owe $242K, and it's now valued at around $410K. I would like to buy another house as my primary residence and rent this one out. By taking equity out, does it mean I'll have a higher mortgage on the first house, or would that be a separate loan? Also, my concern is that the interest rate is high, and I'm wondering if I should just wait for it to go down.

[@Nikki-ks6wi]

It would be a higher mortgage because you increasing the mortgage loan to receive money

[@emarti3419]

Still rocking the ‘stache!! Curious, what are the current rates for a HELOC or Home equity loan? Or is that based on credit scores similar to when buying a home? Didn’t realize how simple it can be, but of course, must plan meticulously. Keep teaching sir!!

[@mistersniffer6838]

I think the percentage stand at "rip your arse" right about now.

[@serge414sbp]

Perfectly explained 👌 Very easy to understand and great examples.. will be calling soon

[@WinTheHouseYouLove]

Thanks for watching!

[@meganpage8088]

How much of a hit does your credit score take after taking out a HELOC to buy a new home?

[@WinTheHouseYouLove]

Hey Megan! Great question! Getting a HELOC can temporarily drop your credit score a bit, typically by about 0-5 points, due to the lender's credit check. Also, having a larger amount of debt can further lower it. However, consistent, on-time payments can help your credit score recover over time. Feel free to check out www.winthehouseyoulove.com/lender if you're ready for pre-qualification or shoot me an email at [e-mail] if you have any other questions. Happy home buying! - Kyle

[@veronicagonzalez-sw8ir]

Thank you for being so thorough!

[@naquon1131]

What about repaying the HELOC? Would be nice to include how much repayment would be monthly for this example. HELOC’s sound like free money bc no one mentions you have to pay it back, don’t you?

[@WinTheHouseYouLove]

All loans have to be paid back by definition of the word :)

[@NickSprecher]

So do you have to pay off two loans at once with a home equity loan / HELOC?

[@PoohBear92]

I believe the equity gets added to your original mortgage

[@RyuMoto]

You mentioned in the beginning "not having to refi into a higher interest rate" then it occurred to me you're talking about your current home. The fact of the matter is a HELOC for example is quite expensive right now so the interest you'll be paying on the money you're borrowing from your home equity will be higher than even the crazy high rates ATM. Please prove me wrong. I'd love to hear of perhaps a new loan program I'm not aware about

[@WinTheHouseYouLove]

If you had a $250k loan on a $500k house at 3% and want $50k. It would be better to get a HELOC for $50,000 at 7% than refinance everything ($300k) at 7%.

[@jamiepaolinetti5087]

Thank you. What do you suggest if you own the home outright and want to use the "equity" to buy a second home? Thank you.

[@terrywix6844]

Interest rates are higher on a HELOC than on a 30-year fix. We paid off our 30 mortgage at the 12 year point. We will not get back into an amortization trap ever again. Play safe. Stay debt free and mortgage free even if that means staying put next to neighbor's you do not like.

[@nicolereadstarot]

So... Tell me if I am doing this right... Value now is 265k and our remaining loan is 104k.... Even though when we purchase it was only values at like 120k... That means we have 161k in equity??

[@WinTheHouseYouLove]

Hey Nicole, you've got it right! The difference between your current home value ($265k) and your remaining loan balance ($104k) is indeed your home equity. So, you're sitting on about $161k in equity. Great job in building that up! 🎉 If you're looking to use that equity or want to explore your options further, feel free to start on a pre-qualification at www.winthehouseyoulove.com/lender or shoot me an email at [e-mail]. Cheers! - Kyle

[@sonchristian]

With a home equity loan the current loan won’t be touched in terms of rates. But what will the equity loan rate be based on? Is it based on the current market?

[@dmvdude8285]

Good video however what’s the interest rate that you pay on the money you pulled out for your HELOC? Also where are you getting another Loan for 400k and putting 5percent down (20k) nowadays?

[@whiskywarhead7116]

If i am buying a second home from my mom at the remaining balance (giving me over $200k of instant equity and a long term tenant) will I still need a down payment as an investment property?

[@eliteaone]

Excellent video!

[@nicolasbogado1147]

Great Video . Great Info. Learned some new today. Thank you !!!

[@WinTheHouseYouLove]

Nice! Thanks for watching. :)

[@DSNCB919]

This sounds risky.. but i am looking to doing this since my fsmily got bigger. But i dont want to sell but it seems easier to sell

[@WinTheHouseYouLove]

Best of luck and thanks for watching, :)

[@shawndelleharts9279]

Very informative! Thank you so much!

[@anniesshenanigans3815]

I own my home outright. I want to move in about 10 months. How easy to get a cash out mortgage? And how many months before I am moving would it be prudent to do this? I want to move and not have pressure to sell/buy within a certain time. When I bought this house, it was contingent on the sale of my other house.. and the pressure was high. I want to move, find something I like at my leisure and availability having the cash available at a moments notice, but not paying high mortgage/interest/insurance/taxes for a very long time. 6 months? 3 months? a month? What do you suggest? Once I find the 'one' I plan to put this one on the market. I live in SWFL and lots of people are moving here so it won't be too difficult to sell.

[@quincyjones5676]

So I have around $300k equity in my house. Ill probably only be able to pull $240k. Can I take out a heloc to use as a downpayment for a large investment rental income property in another city? That's what Im trying to figure out.

[@nav3448]

Thank you so freakin much for explaining this. Very informative and loved the details your gave.

[@WinTheHouseYouLove]

Thank you so much for watching!! :)

[@hedgefund996]

Good Educational Content

[@slackerzsincity8822]

I understand that, but what is the interest a month on that helloc??? Is that per month? Also does it stop till you pay that back the helloc.

[@KM-vn9mj]

What if the first home value you bought decrease in its market value. That is you bought it in 300000 dollars and it drops to 250000 dollars, do we still have the Equity.

[@WinTheHouseYouLove]

Equity is the difference between the market value of your home and what you still owe on your mortgage

[@doracruz2271]

Thanks was looking into how I could refi my home or get equity from my house.I’m at a lost

[@DimitriShalley]

I wish you added an example of a cash out refi in the video. Still loved it though awesome vid

[@WinTheHouseYouLove]

Thanks for the feedback! I'll be sure to include an example in a future video to help illustrate how it works. If you have any questions please email me at [e-mail]

[@user-nh6mt6mg9r]

Can you provide estimate of interest rate for HELOCs and other methods mentioned? thanks

[@Divinegoddess84]

Got it!! However, if I rent out my current home and use the Heloc to buy the second home, how should I finance the second home to not lose the Heloc? I believe you have to keep the first house as a “residential” to keep the Heloc open?? I don’t want to jeopardize losing my heloc. But would love to rent it out

[@AyTee77]

What if rental income from first property doesn’t cover both mortgage and HELOC payments? Do I take that hit until the 2nd rental property starts to cover it?

[@JoshuaSartor]

So if I own my house will this be easier ? Really wanting to take the step to get a loan on my house and buy another home to have someone rent it out

[@Fidelisinspire]

Thank you for posting! Your explanation was clear and easy to understand.

[@coybrown3266]

Fantastic Info, Thank you!!!!! ❤❤❤❤

[@WinTheHouseYouLove]

Thanks for watching! :)

[@lovly2cu725]

GREAT BC IM WORKING ON MY FICO TO BE OVER 740 BY OCT-DEC TIMEFRAME, WANT TO SELL & THEN BUY IN ANOTHER STATE & I COULDNT FIGURE OUT HOW I WAS GOING TO DO THAT. JUST NEED TO KNOW IF THERE IS A PRE PAYMENT PENALTY ON HELOC

[@speakout2907]

So i brought land then built a house. Do the same guidelines apply if i was to use the equity to buy maybe 2 investment properties straight up? Or are the rules different when using equity to potentially buy investment properties?

[@jeffabbott403]

I’ve had this idea, my home is paid off. We’re building our dream on adjoining property we own as soon as my builder is available (could be 1.5 years). Tax appraisal went up $100k this year. Any advantage to using this equity instead of a construction loan to finance any portion we are not paying cash for.? Then just paycheck park to that heloc. Long term rent or even short term rental as a possibility for our old home. I have no interest in a long term mortgage with these rates.

[@ceedee8953]

What did ya end up doing? We are in this exact situation.

[@jeffabbott403]

@@ceedee8953 still waiting the builder. I’m interested in an All in One Loan mortgage currently

[@Keepit-dy3yq]

Can you explain if you own the home without mortgage.

[@WinTheHouseYouLove]

Hey there! If you currently don’t have a mortgage, then pull equity out like this video mentioned won’t change. It will work the exact same. Get Pre-Qualified with our team anywhere in the US → www.winthehouseyoulove.com/call

[@taggthis]

Who do you speak to get the money out?

[@alfredmimitz6581]

Can you keep the payment around the same if you are going back to a 30 year loan?? I have 120k in equity and have 77k left to pay over a 12 year period. I lived in the house for 18 years. I want to take that and buy a rental… is this even an option?

[@lola030880]

Omg thank you so much I understand so much better

[@youredxspanktube]

can I use a townhome than a single detach home to build equity?

[@Nikki-ks6wi]

Any home mortage is eligible for the HELOC condos townhomes single home etc

[@RobertLeeAtYT]

Sure…. Just never, ever forget: leverage works in _both_ directions.

[@SAN_E7]

Great info!

[@WinTheHouseYouLove]

I recorded a personal video for you: vid.us/htfltn

[@jimdandy8996]

Are there any advantages to your income tax by using a HELOC? Like write-offs?

[@maiiilyn2360]

I heard on another channel that you cannot use 75% of rental income towards your 2nd home if it will be owner occupied…you can only use that income if you are getting an investment property as your 2nd home ..is this information correct ? I was a little confused because I do want to move out of my primary and rent it out and buy and occupy the 2nd home. Just trying to figure out my DTI …great information btw thank you!

[@WinTheHouseYouLove]

You can use rental income from a residence you’re departing if you have a signed lease agreement showing the rental income. You can use 75% of the lease income per Fannie guidelines

[@howmayiassistyoullc.2803]

Do you have to be living in the home? The home that I need the HELOC or cash out one is an inherited house.

[@Nikki-ks6wi]

I don’t think so but I do think it will be taxed differently because it’s not your primary residence

[@soniamolina34]

What is the monthly payment based on with the HELOC?

[@WinTheHouseYouLove]

It’s based on the outstanding balance and the current interest rate. It can vary as you borrow more or if the rate changes

[@CallMeGarrek]

v helpful. Thank you!

[@Mikei97]

Great video as always! I'm currently in a position where if I wanted to buy my next home, I do not have enough equity to do something like this, since I'm still pretty close to 95% ltv with my primary loan (bought in Sept 2022). I'm currently in the process of getting hired in a new job outside of town and my only solution seems to be sticking to a long commute. My current housing DTI sits as 19%, so maybe if I just save enough to put down 5% on my next home and then rent out my first home, I might be able to afford it, just have to make sure that all payments are within the DTI constraint of the new loan. Thoughts on this?

[@HEC892]

Yes

[@wallygonzales1]

why not also talk about "Home Equity Agreement" ?

[@WinTheHouseYouLove]

I can’t cover everything in one video

[@angelalkuino2966]

Hi. May I know what software you are using that enables you to record a video of yourself while sharing what you write on your notes real time? Thanks!

[@WinTheHouseYouLove]

Hey Angel! I use Ecamm. And if you're ready to start on a pre-approval, head over to www.winthehouseyoulove.com/lender or you can reach me at [e-mail]. Cheers! -Kyle

[@jojohns9670]

The math at 12:54 is wrong. Answer should be $97,500

[@rodneyzephirin7193]

I have a paid for home in which I live in. I have a 2nd home in which I rent out. I was thinking of obtaining a heloc to use for a down payment on a long term rental. I understand the variability of the heloc but I essentially have no debt so I’d be willing to pay the heloc long term or until my rental property cash flows to pay it. I think the opportunity of owning another property outweighs the risk of the heloc I’m also in the medical field have been at the same job for 20 years and make over 6 figures. In my situation do you think the heloc for long term rental is a good idea?

[@Sangreaalstube]

I own 15 acres with two fixer homes on prime class 1 soil and an irrigation system, all free and clear. How do I get money from my equity? Is selling the only way?

[@MandaPropaganda]

Look up HELOC I don't think I'd be able to explain very well

[@WinTheHouseYouLove]

You can tap into your property's equity by taking out a cash-out refinance loan or a home equity line of credit (HELOC). Speak with a mortgage lender to explore which option best fits your financial goals and property type.

[@davidcwilkerson]

Why would you pull out the equity if you're selling? Seems to only be necessary if you're keeping both homes or renting out the old home?

[@WinTheHouseYouLove]

You'd only need to do this if for timing reasons you needed to buy before selling and you didn’t have cash to put money down on the new home. If you have any questions please email me at [e-mail]

[@jlee8792]

Thanks for video!

[@WinTheHouseYouLove]

My pleasure!

[@user-dg8lu6lv5v]

Great info. Too pretty, kept getting distracted.

[@ValdezLandscape]

I have to pay back the home equity loan ?

[@WinTheHouseYouLove]

Yes

[@miladzadeh]

Please note $350,000 x 85% is $297,500 leaving $97,500 for the 2nd lien avail

[@WinTheHouseYouLove]

Small typo

[@rambey5945]

Hey with the home equity loan when it says lump sum everything comes at once ?

[@a.ljohnson6843]

Very informative, thank you

[@WinTheHouseYouLove]

Glad it was helpful!

[@MissPurpleNine]

Can I do a heloc in TX to buy in WV

[@crypto_ai_v2]

Good video, but too much base on that mic

[@WinTheHouseYouLove]

👍

[@travisjames8631]

I've completely paid off my home.. and I would like to borrow against it to buy my next house.. having no existing mortgage will I have to do anything different?

[@WinTheHouseYouLove]

Nope, you can take advantage of these programs

[@user-ex1vd9td7k]

Thank you so much..been racking my mind about whether or not a heloc is a good option for me... i think once i bring my credit score up im definitely going to explore it..Would you recommend going through a commercial bank or through my current mortgage provider?

[@WinTheHouseYouLove]

Hey there, glad you're finding the info useful! Both a commercial bank and your current mortgage provider can be great options for a HELOC, as it really comes down to who offers you the best terms. It's always a good idea to check out several different places and pick the one that makes the most sense for you.

[@mz1860]

Credit unions are the best

[@vladv7019]

What is a purpose of it?? It's so confusing! If you take out the equity from a Property 1 for buying Property 2, then how will that affect Property 1?? You didn't tell anything about it!! In your example a new house mv is 500k and you got 200k equity, then your mortgage will increase by those 200k, so you will owe now 500k with a current interest rate or the old rate?

[@WinTheHouseYouLove]

It doesn't affect property 1. I showed the options you could use to pull equity out from property 1. Your first mortgage doesn't change if you get a HELOC. You have a new, standalone loan with its own rate.

[@tcampbell2186]

The only way to get the money out of your home is to sell it. Anything else is simply more debt. Of course you can use the debt to gain more income but make no mistake you are deeper in debt disguised as “equity”.

[@WinTheHouseYouLove]

As I said in this video, taking out debt reduces your equity. I never said taking out debt is equity. Debt is the opposite of equity.

[@tcampbell2186]

@@WinTheHouseYouLove Thanks for clarifying and I appreciate your response. I plan to do this, It’s just important to understand debt management too. Thank you!

[@lenneztransportservices8586]

Where can we get the home Equity loan

[@Nikki-ks6wi]

Talk to your local bank

[@willblooper23]

Can the equity transfer to the new owner of the home once it's purchased or does the equity reset once a new owner purchases the home?

[@WinTheHouseYouLove]

Equity is more of a concept rather than money in an account somewhere. For instance, if your loan balance is $150,000 and someone buys your house for $200,000 you have $50,000 in equity. It's just the difference between the two. So when you sell, you'll get $50,000. The seller will not get anything. They will simply get the house they paid for.

[@smellybut33]

I have a question, i may have missed something but with the heloc you said kinda like a credit card, so you use portion of credit that you eere approved and pay it back. Then is it available to be used again? Or do you close the account after its been paid back?

[@WinTheHouseYouLove]

Yes, it's a revolving account. So you can pay it back and then use it again. Just like a credit card.

[@aneelejaz8097]

Great video

[@WinTheHouseYouLove]

Thanks!

[@robe1177]

Can i get a Heloc, sell my house and use VA loan to. purchase another home? I know with Va loan you don't need a down payment but i would like to put money down to make the mortgage affordable.

[@WinTheHouseYouLove]

Yes you can

[@tcampbell2186]

I haven’t found anyone Bank that will allow this.

[@WinTheHouseYouLove]

We do

[@gabrielmarquez3365]

Awesome video

[@WinTheHouseYouLove]

Thanks!

[@Bruhwthecomb]

Thank you sir

[@WinTheHouseYouLove]

Thanks for watching!

[@Queenbelieveit]

Amen 🙏🏽 ❤ You better say it Mother 🙌🏽 She right about it! Know your worth and knows who you are in Christ Jesus !

[@newalex1970]

Great video. Is there closing coast in a home equity loan?

[@SpaceDad42]

Yes

[@andrebriscoe2272]

Short answer.. HELOC 😊

[@WinTheHouseYouLove]

Thank you so much for watching!! :)

[@lb7wade518]

I ask you why to use this house to buy this house! Then you get into pay more property taxes you pay more for utilities more maintenance and upkeep! Bigger is not always better!!

[@WinTheHouseYouLove]

This video is for people who want to. You don’t have to.

[@millertoyal]

​@@WinTheHouseYouLove😅

[@josina5302]

So, go from 1 mortgage to 3

[@WinTheHouseYouLove]

After you pay off your home, the 1st and 2nd lien are paid off. Unless you choose to rent it out. Then, it would be no different than an investment loan.

[@marimoody9911]

Bruh If you debt to income ain’t on point. Your down payment done mean shut!

[@SizakeleSybilBhungane]

How can I contact you privatly? I need your help.

[@WinTheHouseYouLove]

[e-mail]

[@wedomusic.]

nice

[@WinTheHouseYouLove]

Thank you!

[@jesusromero9796]

What if house is payed off . Can I still do this?

[@JackyJames1]

Same here my home is paid for in full let me know if you had an answer to your question because I'm curious to know

[@UniquePathWellness]

@@JackyJames1yes because it’s based off the equity you have in your home. You would now have a loan on the equity, so you need to start by finding out how much your home is worth.

[@UniquePathWellness]

yes because it’s based off the equity you have in your home. You would now have a loan on the equity, so you need to start by finding out how much your home is worth.

[@JackyJames1]

@@UniquePathWellness ok Trolls....relax

[@UniquePathWellness]

@@JackyJames1 not a troll was just responding