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Updated over 6 years ago,
Recommended ways to effectively use the HELOC
What ways will you recommend to use the HELOC? I have 25k available. I am trying to puzzle together different ways to purchase another property by the using HELOC. Do you recommend using the HELOC as a down payment? It even crossed my mind to refinance the property that I used the HELOC on to pay off the HELOC balance. Any feedback will be helpful. I would like to leverage, buy not overly extend myself. Thank you in advance.