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Updated over 3 years ago,

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HELOC repayment strategies

Posted

Hey Bigger Pockets! 
I was hoping to get some ideas on how investors are paying off their HELOCS for REI. I would like to buy, rehab and hold another multifamily in my area. The price is to high to Buy cash but I would like to use the HELOC as a down payment and funds for the renovation. Then recharge the line of credit and do it again. If anyone has a method they would like to share on there repayment strategy, I'm all ears!

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