Best use of my HELOC

[Alexander Palomares]

HI BP Fam, 

Im questioning how to use a 350k HELOC best? Should I use it to get a duplex (Full Cash purchase) OR use it as 25% down (or more) for a bigger nicer four plex? Any other creative suggestions to best use it? Interest rates and inflation have me a bit concerned, so wondering what you all out there are thinking.

[Jared Hottle]

To me cash is really only better than financing if you are doing rehab and trying to refinance it and get your money back. If I had access to that much cash I would look for a BRRR type duplex, pay all cash, do the rehab and refinance all or most of my money back and do it again. If you are just looking for something turnkey I would use it to put money down on the nicest and most units you can find.