# How to Use Home Equity to Buy Your Next Rental Property (3 Ways) (Rookie Reply) Page: https://stenobird.com/podcast/real-estate-rookie-357883/how-to-use-home-equity-to-buy-your-next-rental-property-3-ways-rookie-reply Text version: https://stenobird.com/podcast/real-estate-rookie-357883/how-to-use-home-equity-to-buy-your-next-rental-property-3-ways-rookie-reply.md Podcast: [Real Estate Rookie](https://stenobird.com/podcast/real-estate-rookie-357883) Published: 2026-04-03T11:00:00+00:00 Episode link: https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/tracking.swap.fm/track/p5fhOfGH2wHmde5UefB4/traffic.megaphone.fm/BIGPOC9608140324.mp3?updated=1775213922 Audio file: https://www.podtrac.com/pts/redirect.mp3/pscrb.fm/rss/p/tracking.swap.fm/track/p5fhOfGH2wHmde5UefB4/traffic.megaphone.fm/BIGPOC9608140324.mp3?updated=1775213922 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/real-estate-rookie-357883/episodes/how-to-use-home-equity-to-buy-your-next-rental-property-3-ways-rookie-reply Duration seconds: 1492 ## Resource Don’t think you have the money to buy a rental property? Maybe you’re just looking in the wrong place! Today, we’re talking about different ways to invest in real estate using your existing home equity. Whether you’re buying your second, third, or fourth property, this simple strategy could help you build your real estate portfolio much faster! Welcome to another Rookie Reply! We’re back with three questions from the BiggerPockets Forums, the first of which is all about home equity lines of credit (HELOCs). What are they, and how do they work? Meanwhile, another investor is considering not just a HELOC but multiple options for tapping into their equity. Should they do a cash-out refinance? What about selling the property altogether? We cover the pros and cons of each strategy so YOU can make the right choice! Finally, do you really need a property manager? What about when investing out of state? Stick around until the end, as we share our favorite software, systems, and resources for hands-on landlords—no matter the distance! Looking to invest? Need answers? Ask your question here! In This Episode We Cover Home equity lines of credit (HELOCs) explained (and how to use them) Three ways to access the home equity in your investment property How to “recycle” the same funds to buy multiple rental properties Self-managing versus hiring property management when investing from afar The one time you absolutely should hire a property manager for your rental And So Much More! Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/real-estate-rookie-357883/episodes/how-to-use-home-equity-to-buy-your-next-rental-property-3-ways-rookie-reply/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/real-estate-rookie-357883/how-to-use-home-equity-to-buy-your-next-rental-property-3-ways-rookie-reply.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.