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Updated over 7 years ago,

User Stats

23
Posts
2
Votes
Kyle Z.
  • King Of Prussia, PA
2
Votes |
23
Posts

170,000 HELOC, now what?

Kyle Z.
  • King Of Prussia, PA
Posted

I recently took out a 170,000 HELOC. The plan is to buy as many rental properties as possible with it. I plan to buy with cash and then refinance and take as much back out as possible. I would like to BRRRR where possible and stretch out the 170,000 as far as possible. Is this a good strategy or flawed? does anyone see possible roadblocks I may run into?

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