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Updated about 7 years ago on . Most recent reply

AJ Nettles's profile image
AJ Nettles's profile image
AJ Nettles
  • from Baton Rouge, Louisiana
  • Member since Mar 23, 2016
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22
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AJ Nettles's profile image
AJ Nettles's profile image
AJ Nettles
  • from Baton Rouge, Louisiana
  • Member since Mar 23, 2016
Connect
AJ Nettles
  • Baton Rouge, LA
8
Votes |
22
Posts
Creative Real Estate Financing

Home equity line of credit

AJ Nettles
  • Baton Rouge, LA
Posted
What’s up BP, i am about to close on a refinance on my first and only rental property and after closing i will have $22,000 with of equity. I was wondering would i be able to use a heloc against that equity for my next investment property down payment being that i don’t want to use the estimated $8000 cash i will receive after closing???
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