Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago on . Most recent reply

Cash Out Refinance question
Confused about a cash out refi with BRRR. Does it make sense to take out a HELOC for 80K. I buy the home for 60K, rehab lets say 10-20K. Since Id own the house outright, can I or do I (does it make sense) to cash out refinance to pay off the heloc? I guess I am trying to figure out if I use a HELOC, does it only make sense to flip to pay it off?