<prompt> Human: As the title indicates, Ive got over 100k in home equity, and I am looking for options on how to put this asset to work for me. What should I do with this Or should I do nothing? My initial thought is to use this to purchase a townhomecondo as a rental property. Has anyone done this before? Any advice is appreciated!  <response>: You have a paper gain.You dont have any money unless you sell.A bank will probably lend you money against the estimated equity, but it will cost you interest. 