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Buying & Selling Real Estate

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Jerry Pollio
  • Houston, TX
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Financing Strategy HELOC or Conventional Loan

Jerry Pollio
  • Houston, TX
Posted Jul 7 2018, 13:05

I have been approved for a HELOC, original thoughts were to use for the down payment/closing costs on investment properties.

My concern is by using the HELOC as mentioned then applying for add'l conventional loans as we grow our portfolio how will this impact our ability to continue to get funding from the banks? What;s suggested proven best practice?

Your thoughts and guidance much appreciated...

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