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Updated almost 10 years ago on . Most recent reply

Ben Valentin's profile image
Ben Valentin's profile image
Ben Valentin
  • from San Diego, California
  • Member since Jan 18, 2016

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Ben Valentin's profile image
Ben Valentin's profile image
Ben Valentin
  • from San Diego, California
  • Member since Jan 18, 2016
Ben Valentin
  • San Diego, CA
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Starting Out

HELOC vs Personal savings account

Ben Valentin
  • San Diego, CA
Posted

Hey all, here's my question: A year from now I hope to purchase my 2nd property and use it as a rental. For the next 12 months, should I set aside money in my savings account or just keep paying down my principal on my 1st mortgage and take a HELOC when I'm ready to purchase?

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