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Updated almost 8 years ago,
HELOC and then what...?
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