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Updated over 5 years ago,
How to best leverage HELOC??
Hi Everyone,
I have a multi-family property , renting one unit and living in the other unit. I have a HELOC (50k) and want to leverage, but I'm not sure if I should use part of it as a down payment for another investment property? Or use part to pay down principle on primary mortgage (I owe 217k)? Thanks in advance for ANY advice!
Regards,
Nick