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Updated about 8 years ago,

Sean Suris's profile image
Sean Suris's profile image
Sean Suris
  • from San Antonio, Texas
  • Member since Mar 2, 2016
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Sean Suris's profile image
Sean Suris's profile image
Sean Suris
  • from San Antonio, Texas
  • Member since Mar 2, 2016
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Sean Suris
  • San Antonio, TX
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Creative Real Estate Financing

HELOC for repairs

Sean Suris
  • San Antonio, TX
Posted
Hey guys, Is it possible to purchase a property outright with cash and take out a HELOC on that property for repairs? Are there any other options that are more advantageous than this? My thoughts would be to treat this property as a flip but also explore implementing the BRRR strategy on it. Would a HELOC affect the refi process? Thanks in advance
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