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Updated about 7 years ago,
HELOC on rental properties
Hello everyone I have a question I've been wondering about and I can't seem to find the answer I need from Google.So my question is,could I get a heloc on my first house since I'm done paying for it and then buy another house cash with that money and then do the same thing with the 3rd house and so on or are there some set backs or is this even possible. Pros and cons? Would they need a certificate of occupancy from the rentals when trying to get heloc? Thanks everyone...