Updated about 5 years ago on . Most recent reply
How to pay near cash for primary residence?
)I would like to be more competitive offers as I search for a primary residence property. I have 60% (500k equity in my current primary residence, which I'll convert to a rental once I move out. I have another rental with 100% (800k) equity.
I have been offering 20% down offers, but would like to offer all cash or a sizable down to be more competitive. Can I accomplish this with using HELOC or Home Equity debt products?
Target price is around $1.1M.