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Updated almost 7 years ago on . Most recent reply

Stephen DeSanctis's profile image
Stephen DeSanctis's profile image
Stephen DeSanctis
  • Rental Property Investor
  • from Howard Beach, NY
  • Member since Jun 22, 2018

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Stephen DeSanctis's profile image
Stephen DeSanctis's profile image
Stephen DeSanctis
  • Rental Property Investor
  • from Howard Beach, NY
  • Member since Jun 22, 2018
Stephen DeSanctis
  • Rental Property Investor
  • Howard Beach, NY
0
Votes |
6
Posts
Starting Out

HELOC’s for BRRRR Strategy...

Stephen DeSanctis
  • Rental Property Investor
  • Howard Beach, NY
Posted

Hey guys

I’m based in NYC, currently house-hacking my own home...looking to buy my first (of many, hopefully) investment property.

I would ideally love to stay local and buy in NY but the prices are just too high for me right now. So I’m looking out of state.

My question is regarding HELOC...

Should I use a Heloc from my own home to then go BRRRR an investment property.? What's the best way to do this? Or is there a better way that I'm missing?

Thanks in advance!

Steve

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