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Updated almost 2 years ago on . Most recent reply

Erika Baker's profile image
Erika Baker's profile image
Erika Baker
  • Member since Feb 2, 2023
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11
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Erika Baker's profile image
Erika Baker's profile image
Erika Baker
  • Member since Feb 2, 2023
Connect
Erika Baker
9
Votes |
11
Posts
Creative Real Estate Financing

HELOC for downpayment on first property

Erika Baker
Posted

I just recently opened a HELOC from my primary home to use for a down payment on my first investment property. I will finance the rest with a conventional loan. My question is, what is the smartest way to pay back the HELOC? If anyone has used this method and has any advice it would be appreciated! I have not purchased anything yet... looking for a small multifamily.

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