3rd time the charm

[Paul Swinson]

Looking to buy a brand new house 2023 price is reasonable and charging 0.8-1% of purchase price is do able..my question is financing real estate but my first property is almost paid off and has been an uninterrupted rental for 7 years thankfully 90% paid off, cash is tight...could take out loan against CC at 4% flat to pay off house then maybe leverage paid off rental (private mortgage)? just looking for best way to leverage for new house HELOC (10 years interest only payments) or a new mortgage on current rental- house smaller worth about 66% of house I looking at and don't want to sell current rental as tenant has been great and older house is situation in middle of 6 lots tear down and put up 3 houses eventually