re: I need quick access to 75k-100k. What’s the best course of action?

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I’ve got just under 100k equity in my current home. I’d only need 77k and some change to come up with a 20% down payment.

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From a lending perspective, $100K of equity in a $300K home is one thing, while $100K of equity in a $600K home is something else. The percentage is what matters. What are you estimating the % LTV on your current home to be?

Next question: will you be able to support the payments on the primary home’s mortgage, this additional loan to make the downpayment on the secondary and also the mortgage or loan on this secondary property… at least until you’re able to rent the first house and whatever else you’d attempt to rent on the second property?

Last question (and it’s not loaded), how much experience do you have with rental property?