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Updated over 2 years ago,
HELOC or other option
Hi all, I am trying to figure out the best way to add 2 more rental properties to my portfolio from the equity in my primary or other options. I currently have 11 rental properties. I don't really want to do a cash out refinance because going from 3.125% to 7% interest rate just doesn't seem right. The bank told me they don't do HELOCs.
What are other investors doing currently to add more properties to their portfolio? I have about 90k in equity in my primary.