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20
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2
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Robert Sprague
  • NJ
2
Votes |
20
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Using HELOC to buy property in cash

Robert Sprague
  • NJ
Posted

Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the money I used from HELOC is a good idea. Any advice appreciated.

Thanks

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