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Updated almost 2 years ago,
John McKeePoster#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
- 727
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If you had a $500K Heloc how would you use it?
The heloc is 7.5%. It will most likely go up a little if the Fed raises rates. It's better than a hard money loan, so what would you do with it in todays market? Would you flip a house? Buy anSTR with double digit returns? Buy a MF then refi later? What would be your strategy if you had access to this money?