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Updated over 7 years ago,
Using a HEL to Purchase 1st Investment?
Hello all, I am new here and wanted to see what yall have to say about this idea. I have been considering purchasing a property for some time and have seen that people have used a HEL (home equity loan) to make a purchase. I have lived in my home for almost 10 years now and know I have built up some equity. I'm sure this has been done before so I just wanted to hear some suggestions or thoughts on this. Any information would be greatly appreciated.