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Updated almost 5 years ago on . Most recent reply

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Marty Angelina
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HELOC on parents house?

Marty Angelina
Posted

My mom's house is nearly paid off. About 15% LTV. She never got into investing but I can't help but feel like it's a waste sitting on all that equity. Would it be possible for me to take out a HELOC on the property to invest into other properties? Looking for any tips/advice.

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