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Updated about 2 years ago on . Most recent reply

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23
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William Bentley
6
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23
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Cash out Refi vs HELOC

William Bentley
Posted

As I'm learning and trying to find ways to fund my next deal, I've read David Greene's Book on BRRRR and had a few questions.

1. What's the better option for funding a deal, using the cash out refi or a heloc on the property?

2. How do you some of you choose which option to go with?

3. Is one option better than the other? Or preferred?

Most Popular Reply

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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
19,402
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Joe Villeneuve
#4 All Forums Contributor
  • Plymouth, MI
Replied

Numbers, with $$$$ in front.  What are they?  You can't answer your questions without them.  Every deal/property is different and will have a different answer...including a third one, which is usually the best one.

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