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Updated about 8 years ago,
Down payment or buy outright?
Hello Everyone,
I recently closed on a HELOC for $63k and I'm looking to purchase a multi-family property. My question is would it be better to use the LOC for a down payment or should I pay all cash if the CoCROI is high enough?
I wouldn't use the entire LOC on the purchase because I don't want to over leverage. Any comments would be great appreciated.