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Updated almost 4 years ago,
Using a HELOC to buy investment property
I would like to know which strategy is better when using a HELOC to buy investment property. Is it better to use the money from a HELOC just for a down payment on a property or should I be using it to buy the property out right? Which makes more sense when trying leverage but also pay back the money that was borrowed?
Thank you in advance!
Nate