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Updated over 6 years ago on . Most recent reply

Gary Marcus's profile image
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Gary Marcus
  • Member since Jul 18, 2018
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Gary Marcus's profile image
Gary Marcus's profile image
Gary Marcus
  • Member since Jul 18, 2018
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Gary Marcus
0
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10
Posts
Starting Out

Advice please - strategy using HELOC

Gary Marcus
Posted

I have a 120k HELOC and am looking to buy my first investment property. My goal is to acquire several multi-family properties over the next few years. I'm trying to figure out the best strategy. Does it make more sense to buy a property for say 70k outright and refi after 6 months and do it again or utilize the HELOC to fund down payments for several properties?

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