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Creative Real Estate Financing

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Johnny Kula
  • Rental Property Investor
  • Billerica, MA
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75
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Using equity from primary residence to put down payment on multi-family investment

Johnny Kula
  • Rental Property Investor
  • Billerica, MA
Posted Mar 27 2015, 11:34

My broker mentioned seeing I have cash to put down on an investment property, rather than using the cash, use the line of credit on the equity and put the savings in a "safe" investment fund or somewhere that I could liquidate and pay down line of credit if rates start to jump, etc. 

Is this something recommended?  Anyone have any thoughts on why/why not this would be a good or bad idea (besides the obvious "don't spend the cash").

Johnny

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