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Updated over 1 year ago on . Most recent reply

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Marcus Slaughter
  • Member since Apr 11, 2023
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Marcus Slaughter's profile image
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Marcus Slaughter
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Marcus Slaughter
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Creative Real Estate Financing

Heloc/cash out refinance

Marcus Slaughter
Posted

Hey BP family, 

Quick question… is it possible to do a cash out refinance on one property while already having a heloc on another property? I wanna sale my first property, which is a rental that currently has the Heloc (exit strategy). However, I’m thinking I can refinance my current home and take those funds to pay off the existing heloc. 

Baltimore, Maryland
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