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Updated over 4 years ago on . Most recent reply

User Stats

105
Posts
49
Votes
Louis Zameryka
  • New York, NY
49
Votes |
105
Posts

Where to get the down payment?

Louis Zameryka
  • New York, NY
Posted

I’d like advice on where to take my down payment from.

I’ve got a paid off house I can get a heloc on

I’ve got a 401k

I’ve got a savings account

I’ve got a brokerage account (might have to sell a couple stocks to have the cash)

Which one is best to use to take about $50k downpayment and up to $25k renovation funds for a approx $250k home I want to buy with a mortgage for an Airbnb style brrr

Any advice on which avenue and why?

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