Second Property No Deposit Secret Finally Revealed

Leveraging Existing Equity

One of the most common methods to secure a second property without a deposit is by leveraging the equity in your current home. If your property's value has increased since you purchased it, you might be able to refinance and use the equity as a deposit. This approach can be particularly advantageous in a rising market, where property values are consistently climbing. According to the Federal Reserve, home equity in the U.S. reached a record high in 2022, providing a substantial resource for homeowners looking to expand their portfolios¹.