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Updated over 4 years ago on . Most recent reply

Brandi Vigil's profile image
Brandi Vigil's profile image
Brandi Vigil
  • Real Estate Agent
  • from Grand Junction, CO
  • Member since Sep 25, 2020
  • Posts 23
  • Votes 5
  • Experience 11 Yrs
  • Investments 1
Connect

User Stats

23
Posts
5
Votes
Brandi Vigil's profile image
Brandi Vigil's profile image
Brandi Vigil
  • Real Estate Agent
  • from Grand Junction, CO
  • Member since Sep 25, 2020
  • Posts 23
  • Votes 5
  • Experience 11 Yrs
  • Investments 1
Connect
Brandi Vigil
  • Real Estate Agent
  • Grand Junction, CO
5
Votes |
23
Posts
Buying & Selling Real Estate

2nd Mortgage or HELOC to begin purchase of investment properties

Brandi Vigil
  • Real Estate Agent
  • Grand Junction, CO
Posted

Hello, thank you for your time. We are in the process of refinancing our home and considering a 2nd mortgage or HELOC for investing. What are the pros and cons? What route would you choose and are there other options I should be considering instead? We have about $126k in equity.

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