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Updated about 3 years ago,
HELOC vs Refi Cash Out
I am new to building a rental property portfolio. I have had one rental for 2 years and the market value has increased well. My goal is to add another rental property. I am undecided whether using a HELOC against my current rental property or to refinance with cash out to fund the buy of a second rental. Any advise would be greatly appreciated.
-John