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All Forum Posts by: Aysel P.

Aysel P. has started 1 posts and replied 2 times.

Real Estate News & Current Events

Post: Cash or HELOC? A question from a brand new investor.

Aysel P.Posted
  • PA
  • Posts 2
  • Votes 0

Thank you everyone!  I really appreciate the feedback. 

0 Votes
Real Estate News & Current Events

Post: Cash or HELOC? A question from a brand new investor.

Aysel P.Posted
  • PA
  • Posts 2
  • Votes 0

A real newbie here. This question is probably asked a lot. 

My offer just got accepted on an investment property. Sale price is $200K and I plan on making 25% down payment. Would you use cash or HELOC from primary home for the down payment? The current tenant is paying $1450 rent and we are keeping the family. This will be a long term investment. The house is in good condition.

Thank you for the feedback!

0 Votes