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Updated 3 months ago on . Most recent reply
Down payment with Heloc
I want to purchase an investment condo for $150,000.
I want to get Heloc loan from my other investment condo for $50,000 and use it as downtown payment for this condo.
Can I get a 30 year fixed conventional loan for $100,000 and use $50,000 for down payment from heloc?
I also want to combine it to one $150k 30 year fixed loan instead of having two separate $100k and $50k loans
what options do I have can anyone help.
I don't want to use my own money.