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Updated about 5 years ago,

Charity Mason's profile image
Charity Mason's profile image
Charity Mason
  • Member since Jan 14, 2020
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Charity Mason's profile image
Charity Mason's profile image
Charity Mason
  • Member since Jan 14, 2020
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Charity Mason
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Buying & Selling Real Estate

mortgage vs home equity loan to purchase investment property

Charity Mason
Posted

I'm considering a home equity loan (I own my primary residence free and clear) to purchase an investment property vs. using a traditional mortgage. With home equity loan I'll have a lower interest, and no down payment, so I can hold on to my cash. Am I missing any potential "cons" to taking this route?  

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