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Updated almost 2 years ago on . Most recent reply
HELOC/ReFi or new loan for investment property?
My home is paid off and worth about $500k.
I'd like to buy an investment property for about $300k.
Is it better ReFi or get a HELOC and use the money to buy an investment property with the cash? Or is it better to get a loan on the new/investment property? pros/cons?