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Updated over 4 years ago,
House Down Payment Options - HELOC vs Hard Money
Newbie RE Investor here!!
I am analyzing deals and had a question for a more seasoned investor about down payments. I have funds I could access through a HELOC on my primary residence to cover a down payment. I was wondering if that was a better option than hard money. I am guessing the decision boils down to short term interest rates vs impact to credit score. Looking for some direction and wisdom of the crowd.