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Using Home Equities to Buy Rental Properties   Ever find yourself thinking about home equity and what it can do for you? It isn’t just a thing you only see in mortgage commercials; it’s an aspect of our lives. Home equity is essentially the money that your home makes for you. Suppose you own a property that was once worth $200,000 but is now valued at $600,000. The $400,000 increase in the market value of your property is your home equity, and it has been growing steadily over the time you have been a homeowner.   Interest rates continue to rise, which means that the initial price you paid for your property will eventually become a small fraction of its current market value. If the value of your property rises by 80%, then perhaps it is time for you to leverage your home equity for a loan on second investment property so you can grow your money even more. Keep in mind that you must go into this with the mindset to cash in on it down the line.   Vacation o