For rehab, better to use Cash or HELOC?

For rehab, better to use Cash or HELOC?

Fullerton, CA · Member since 2015 · 37 posts · 12 votes

Hi,

I have both cash in the bank acct or $ in a HELOC to do rehab on my investment. Which is better to use? Does it also affect how lenders will lend to me for my next property which will hopefully be within the next several months?

0Reply
10 views

1 Reply

Jump to latestLatest
  • Rental Property Investor · Greenwich, CT · Member since 2015 · 4k+ posts · 2k+ votes
    6y

    Given the option, @Sanjay Sharma, I'd be holding on to cash right now.

Join the conversationCreate a free account to reply, vote on answers and follow this thread.