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Updated about 5 years ago on . Most recent reply

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HELOC - to use or not to use?

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I am a relatively new investor. I have three rental properties we are holding onto long term. What are your suggestions, if any, on leveraging HELOC's to purchase additional properties? Are there strategies out there to leverage this type of financing opportunity? We want to continue adding to our portfolio and have a good amount of equity in our properties, but are moderately risk tolerant and don't want to get in over our heads. Any help is greatly appreciated!

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