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Updated over 1 year ago,

Amanda Roy's profile image
Amanda Roy's profile image
Amanda Roy
  • Member since Aug 17, 2020
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Amanda Roy's profile image
Amanda Roy's profile image
Amanda Roy
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Amanda Roy
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Creative Real Estate Financing

Home equity line of credit?

Amanda Roy
Posted

I’m in the process of opening up a home equity line of credit, I currently have a mortgage on that property, and I have the opportunity to buy another one, but would like to use a line of credit to use as the down payment. Can I Cash out refinance on the second property in 6 months to pay off the line of credit? 

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