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Updated over 7 years ago,
170,000 HELOC, now what?
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?