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Updated over 7 years ago on . Most recent reply

Wade Stahle's profile image
Wade Stahle's profile image
Wade Stahle
  • from Palmer, Alaska
  • Member since May 15, 2016
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Wade Stahle's profile image
Wade Stahle's profile image
Wade Stahle
  • from Palmer, Alaska
  • Member since May 15, 2016
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Wade Stahle
  • Palmer, AK
34
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142
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Creative Real Estate Financing

Mortgage or HELOC on all cash deal?

Wade Stahle
  • Palmer, AK
Posted

I have an interesting question i'd like to get some opinions on. I just built a duplex out of pocket (all cash) and am going to move into one side and rent out the other. I want to take the cash back out. Which would be better, a HELOC or a traditional mortgage on the property? Funds will be used to keep building new construction

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