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Updated over 2 years ago,

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10
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0
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Jacob Stahl
  • Iowa City, IA
0
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10
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Home equity or cash?

Jacob Stahl
  • Iowa City, IA
Posted

What would be a better option for the 20% down payment on a commercial property - using all cash or taking out a home equity loan or partial of each?

Using all cash would hurt my reserves, but would be able to cash flow better on the deal. Using a home equity loan would obviously save my cash reserves, but limit my cash flow to pay both the commercial loan and the home equity loan back.

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