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Updated over 18 years ago on . Most recent reply

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Starting Out

Getting Ready to Buy Multi-family Home

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So, I have look at 50 or so multi-family now I'm narrowing my search once I looked over cash flow. When I make a bid I want to ask a question about financing...I have about 80,000 in equity in my current home so should I refinance or take out a Home Equity loan?

Can you give me pros and cons of both.

Thank you

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