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Updated over 4 years ago on . Most recent reply

Edwin Ro's profile image
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Edwin Ro
  • Member since Apr 12, 2018
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Edwin Ro's profile image
Edwin Ro's profile image
Edwin Ro
  • Member since Apr 12, 2018
Connect
Edwin Ro
2
Votes |
18
Posts
Buying & Selling Real Estate

How to pay near cash for primary residence?

Edwin Ro
Posted

)I would like to be more competitive offers as I search for a primary residence property.  I have 60% (500k equity in my current primary residence, which I'll convert to a rental once I move out. I have another rental with 100% (800k) equity. 

I have been offering 20% down offers, but would like to offer all cash or a sizable down to be more competitive. Can I accomplish this with using HELOC or Home Equity debt products?


Target price is around $1.1M.

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