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Updated over 8 years ago on . Most recent reply

Dustin Mellor's profile image
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Dustin Mellor
  • Investor
  • from Roseburg, OR
  • Member since May 5, 2016
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Dustin Mellor's profile image
Dustin Mellor's profile image
Dustin Mellor
  • Investor
  • from Roseburg, OR
  • Member since May 5, 2016
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Dustin Mellor
  • Investor
  • Roseburg, OR
11
Votes |
48
Posts
Starting Out

Can I consider my HELOC cash for making offers?

Dustin Mellor
  • Investor
  • Roseburg, OR
Posted

If I'm using a HELOC to fund an acquisition, can I consider that an all cash offer? Would likely be part actually cash in my bank account and part HELOC. The money is mine to do with as I please but it's technically credit not cash so I'm not sure.

Thanks!

Dustin 

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Marcus T.'s profile image
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Marcus T.
  • Rental Property Investor
  • from Houston-Galveston Tx
  • Member since Jan 6, 2016
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Marcus T.'s profile image
Marcus T.
  • Rental Property Investor
  • from Houston-Galveston Tx
  • Member since Jan 6, 2016
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Marcus T.
  • Rental Property Investor
  • Houston-Galveston Tx
8
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15
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Marcus T.
  • Rental Property Investor
  • Houston-Galveston Tx
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Andrew Postell

Thanks for the info. I've already opened my HELOC. Hope to find the right property soon.

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