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Updated over 1 year ago,

User Stats

221
Posts
85
Votes
Eric Mcginn
  • Real Estate Investor
  • San Bernardino, CA
85
Votes |
221
Posts

How to use equity to fund new development.

Eric Mcginn
  • Real Estate Investor
  • San Bernardino, CA
Posted

I have a duplex in Maine that I have a ton of equity in. It also has a mobile on the property, all three units are long term rentals. 
I want to use that equity to get a loan to pay for a well, septic, and mobile home at a property I bought in Joshua Tree, San Bernardino County California. 
I've never done a HELOC before, is that what I should be looking at for this project?

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