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Updated over 6 years ago on . Most recent reply

Daniel Soovajian's profile image
Daniel Soovajian's profile image
Daniel Soovajian
  • from Vancouver, Washington
  • Member since May 1, 2018

User Stats

29
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9
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Daniel Soovajian's profile image
Daniel Soovajian's profile image
Daniel Soovajian
  • from Vancouver, Washington
  • Member since May 1, 2018
Daniel Soovajian
  • Vancouver, WA
9
Votes |
29
Posts
Starting Out

HELOC on cash purchase?

Daniel Soovajian
  • Vancouver, WA
Posted

Is it possible to purchase a home outright for cash, get a HELOC on it to get $ for renovations, then get financing on the property after paying off the HELOC?


Not sure if HELOCs are only available on homes that have an existing mortgage.

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