512-718-7667 & 512-426-2979 Jamie@JandSRealtors.comsandijandsrealtors.com
If you want to buy a rental property using your equity, you don’t need to sell your home. You can tap into the equity using one of these three approaches without selling:

1. Refinance your home so that you have a new mortgage and get the equity back in cash.

2. Get a second mortgage, which is an additional mortgage on top of your current first mortgage. 

3. Get a home equity line of credit (called a HELOC).

Whichever approach you choose, you’ll want to make sure that you’ll make more money with the investment property than you’ll pay in loan interest and fees. To make that analysis, you’ll need to know the costs of each equity option, and the returns of any potential investment you’re considering.

A lender (and we have a great one to whom we can refer you!) can help you understand the pros and cons of the different equity options. We can help with understanding the returns you’ll get on different rental properties. You also can do more research about rental property expenses here.

Ideally, you’d be able to buy a rental property outright, using cash from your equity. But if you can’t pay all-cash, then you’ll also need to add new mortgage expenses for the rental, too.

Why would you use your equity to buy a rental? You probably have a lot more equity today than you did a year ago, due to steeply rising home values. If prices were to drop, that equity would disappear. Instead, you can tap that windfall of equity now, while also taking advantage of still-historically low interest rates. 

So, when you’re ready, let’s look around at rentals. When you find a property that looks interesting, we can crunch the numbers. Call us to arrange some showings or start a conversation: Jamie at (512) 718-7667 or Sandi at (512) 426-2979.


We are Jamie and Sandi Ehresman, happily married and happily teamed up to rock this thing called Real Estate in our little neck of the woods (Central Texas, that is 😊).

When we’re not working, we’re hanging out in downtown Bastrop with friends, enjoying local food and music, dancing around our kitchen while making dinner, kayaking down our local piece of the Lower Colorado River, starting a new home project, traveling to far-off places with family…you get the idea!

Part of what makes both our marriage and our business work so well is that we complement each other perfectly. Together, we are able to attend to every detail, jump every hurdle, solve every problem, and go the extra mile to ensure an extraordinary experience for you and yours.

But beyond that, we are interested in the relationships we are building even more than the transactions we are working, as important as those are. We want you to call us, to work with us, to build a lasting relationship with us. We MEAN it. We are here for you.