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Updated about 2 years ago,

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How should I pull money out of home built from HELOC?

Daniella Spears
Posted

I used a HELOC along with personal savings to build a small home in Dawsonville, Georgia. The land cost 65k and the home is almost complete which costs 100k. How long before I can refi out or get mortgage out or the best way to get money out to pay off HELOC and buy a primary residence. I'm looking to Airbnb out that home, rent out my current home and move into a 4 bedroom, 3 bath around 360k. I really don't want to wait 6 months to season it. Any advice would be appreciated! Thanks!

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