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Updated almost 5 years ago,
HELOC a good time right now?
I recently appraised my house and found out I have a substantial amount of equity. I planned to use this equity down the roa to fund a flip, but with the current situation and the possibility of home prices declining in the future, would now be the best time to setup a HELOC while real estate prices haven't been impacted the most and I can receive the biggest line amount vs waiting 6 months?