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Updated almost 10 years ago,
Down payment: HELOC vs. Mutual Fund Account
I have a potential to purchase 2 duplexes. I used our HELOC to fund the DP on my first purchase last year. I am trying to decide which funds to use for the DP on this deal.
I could use the HELOC, but that will pretty much max it out. My other option is to pull funds from a mutual fund account. I assume that I will have some tax implications if I do that.
Any thoughts?