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Updated almost 4 years ago,
Financing options question
Question for you experienced investors. I'm looking at buying my first investment property. Here are my finance options, which would you pick and why. (I plan to buy an off market, then BRRRR)
- Use cash on hand for down payment and rehab, then pay myself back after refi. (Wife is not a fan of this one. Would use a lot of cash we have saved)
- Use a HELOC (I have around plenty of equity in my primary residence)
- Use hard money
- Use a mix of the above
Thanks for your input