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Updated almost 8 years ago,

User Stats

23
Posts
2
Votes
Jarid Wilson
  • Realtor
  • Bear, DE
2
Votes |
23
Posts

HELOC and then what...?

Jarid Wilson
  • Realtor
  • Bear, DE
Posted

Hello,
New investor question. I am looking to purchase a fix and flip here in Delaware (Newcastle County). I'm planning on getting a HELOC but my question is what should those funds go to? Should I used the funds for a down payment on the investment property and finance the repairs from another loan OR use the HELOC to pay for the rehab?
Thank in advance

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