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Updated over 2 years ago on . Most recent reply

User Stats

69
Posts
20
Votes
Kenny Kuramoto
20
Votes |
69
Posts

HELOC using DealCheck

Kenny Kuramoto
Posted

Can anyone tell me if I did this right.. Seems wrong How do I set up a Cash purchase using HELOC then the actual HELOC loan on the app. Or just use 1 loan the HELOC loan. I'm just confused as technically I'm not doing a down payment. Just the heloc payment

Info - Purchase Price of 90k, Rehab of 30k, Interest Rate of HELOC - 6%

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