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Updated over 2 years ago on . Most recent reply

Brodie J Meaux's profile image
Brodie J Meaux's profile image
Brodie J Meaux
  • Member since Jun 20, 2022
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Brodie J Meaux's profile image
Brodie J Meaux's profile image
Brodie J Meaux
  • Member since Jun 20, 2022
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Brodie J Meaux
3
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7
Posts
Buying & Selling Real Estate

Heloc or hard money loan for a brrrr method

Brodie J Meaux
Posted

I have $75 k in equity is a residence I own. If I’m wanting to buy a $60k residence needing $15k in rehab. Is it better to get a hard money loan for the purchase and rehab and get the down payment from a heloc loan from my original residence. Or should I just get the whole loan for $75k from my heloc

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