Updated over 6 years ago on . Most recent reply
If a buy a property cash can i do a HELOC?
If i had 100,000 and i buy a property for 100,000 can i do a HELOC and get my money back for another property and do it again?
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@Account Closed
For investment properties it is easier to just cash out refinance. You could only get out 75% of the equity though. If you've improved the property you can wait 6 months or a year and pull out 75% of what the new appraised value is.