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Updated 5 days ago, 12/16/2024

User Stats

43
Posts
34
Votes
Kristin Vegas
34
Votes |
43
Posts

heloc or cash out refinance

Kristin Vegas
Posted

Hello biggerpocket fam. I hope everyone is well, I came here because I need expert advice from you guys, let me tell you my situation: I have a investment property that i purchased 2 years ago and is valued at 65k that does not have any mortgage and that is already paid off, I want to use that property to buy another one for down payment , the question here is: What is the best way to do it. a heloc or a cashout refinance and why. your response will be appreciated :)

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