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Updated almost 7 years ago,

Bola A.'s profile image
Bola A.'s profile image
Bola A.
  • Rental Property Investor
  • from Houston, Texas
  • Member since Apr 9, 2014
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User Stats

146
Posts
35
Votes
Bola A.'s profile image
Bola A.'s profile image
Bola A.
  • Rental Property Investor
  • from Houston, Texas
  • Member since Apr 9, 2014
Connect
Bola A.
  • Rental Property Investor
  • Houston, TX
35
Votes |
146
Posts
Private Lending & Conventional Mortgage Advice

Using HELOC to buy a new property

Bola A.
  • Rental Property Investor
  • Houston, TX
Posted
Hello BP, I thought that I can use my HELOC for down payment. I am in the middle of getting a loan, I was told that I can not use my HELOC because it will be a borrowed money. Can someone explain if I missed something? Thanks.
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