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Updated about 8 years ago,

Dave P.'s profile image
Dave P.'s profile image
Dave P.
Pro Member
  • Rental Property Investor
  • from Massachusetts
  • Member since May 17, 2016
  • Posts 58
  • Votes 14
  • Experience 20 Yrs
  • Investments 3
Connect

User Stats

58
Posts
14
Votes
Dave P.'s profile image
Dave P.'s profile image
Dave P.
Pro Member
  • Rental Property Investor
  • from Massachusetts
  • Member since May 17, 2016
  • Posts 58
  • Votes 14
  • Experience 20 Yrs
  • Investments 3
Connect
Dave P.
Pro Member
  • Rental Property Investor
  • Massachusetts
14
Votes |
58
Posts
Private Lending & Conventional Mortgage Advice

Using HELOC loan as a down payment

Dave P.
Pro Member
  • Rental Property Investor
  • Massachusetts
Posted

As i continue to build my portfolio, I have considered using a HELOC as a way to purchase another property. I am wondering what the pros and cons are. I currently own a VA financed multi-unit property. I want to purchase another multi unit, using the HELOC as a down payment. Thanks for any constructive feedback.

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