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Updated over 1 year ago on . Most recent reply
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HELOC for Down Payment
Hello I would like your opinion regarding using a HELOC for downpayment for my next investment property. I would purchase a multifamily and house hack and this should help limit the risk. Most videos I have seen state HELOC for downpayment is too risky due to it being a short term tool, but I am in need of cash and this is the best way I see possible at this time. Your feedback is greatly appreciated.