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Updated over 4 years ago on . Most recent reply

Varouj Asdourian's profile image
Varouj Asdourian's profile image
Varouj Asdourian
  • Member since Oct 22, 2018
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25
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6
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Varouj Asdourian's profile image
Varouj Asdourian's profile image
Varouj Asdourian
  • Member since Oct 22, 2018
Connect
Varouj Asdourian
6
Votes |
25
Posts
Buying & Selling Real Estate

Borrowing against property

Varouj Asdourian
Posted

I have a question I would appreciate an opinion on. My wife and I want to buy a second investment property. For the down payment, we have an open HELOC on our home. My question is should we use this or open an equity line against our first investment property and use that? We have about $100K in equity on that property. Thanks.

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