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Updated about 6 years ago,

Aaron Harren's profile image
Aaron Harren's profile image
Aaron Harren
  • Rental Property Investor
  • from Alexandria, MN
  • Member since Sep 24, 2018
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User Stats

45
Posts
44
Votes
Aaron Harren's profile image
Aaron Harren's profile image
Aaron Harren
  • Rental Property Investor
  • from Alexandria, MN
  • Member since Sep 24, 2018
Connect
Aaron Harren
  • Rental Property Investor
  • Alexandria, MN
44
Votes |
45
Posts
General Landlording & Rental Properties

Home Equity line and purchasing small multi family.

Aaron Harren
  • Rental Property Investor
  • Alexandria, MN
Posted

Looking for advice on HELOC's. I recently used a HELOC for a down payment on a duplex. Now I have taken an addition line out on our house and wondering what is best with using this money for purchasing another property? But the entire property with it? Use it as a down payment again? or any other ideas? My line is $156,000, rate is 5.6%.

Thanks in advance!

Aaron

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