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Updated over 5 years ago,
Regular Loan or HELOC
I am new to investing in RE. I can get HELOC on a property i already own clean and clear (rental) or i can get a loan for a primary residence and use it to get another rental or flip it.
Should i use HELOC and buy auctioned properties for a flip or conventional loan to buy a non auction for a rental/ flip?
The reason for asking this is because i feel auctioned properties can be flipped for a good profit but they require cash to bid and HELOC solves that.