There is no denying, the cost of debt has risen over the last several years. This raises questions around buying, selling, and refinancing. This is especially true for those with a lot of equity in their home.

This is a difficult question to answer, and though we can’t give investment advice, it’s also important to note that everybody’s situation is different and people may have different needs based on their financial goals. There are some important questions to ask yourself however while in this position. What will the cost be of using that equity?How will I pay back that cost? When will I need it the most? It’s also good to remember that cashflow is a good hedge against debt, so be sure to consider your cashflow needs into the equation. There are lots of options to choose from and it is important to educate yourself and surround yourself with pros to make the best decisions.

It is certainly a strange time in real estate investing, but as long as you have credible and knowledgeable resources, stay educated on the latest real estate news, and do your due diligence on deals, you are set up for success. Thanks for reading!