First Time! Cash or HELOC?

[Matthew Dawson]

Hey everyone!

Not even close to making an offer or purchase yet still doing some learning! Had a question though. Have about 50K in cash, but also have about 125K in equity in owner/occupied home. Was interested in BRRRR possibly, but anyone have any suggestions on which to use? Cash or possibly HELOC? Both?

Am I asking the right questions? Not really sure I want to use both on one property. Is there a benefit to using cash over HELOC? Thanks. Appreciate the feedback.

M