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Updated over 7 years ago on . Most recent reply

Andrew Pugh's profile image
Andrew Pugh's profile image
Andrew Pugh
  • Investor
  • from Washington, DC
  • Member since Feb 7, 2016
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User Stats

19
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15
Votes
Andrew Pugh's profile image
Andrew Pugh's profile image
Andrew Pugh
  • Investor
  • from Washington, DC
  • Member since Feb 7, 2016
Connect
Andrew Pugh
  • Investor
  • Washington, DC
15
Votes |
19
Posts
Multi-Family and Apartment Investing

Buying Apartments Using HELOC for Down Payment?

Andrew Pugh
  • Investor
  • Washington, DC
Posted

Quick question... I have a HELOC for around $200k on my primary residence and have the tools/team in place to syndicate. However, I'm wondering if I can pull the HELOC funds to use as a down payment on an apartment deal? How would a lender look at this?

Thanks for your help!

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