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Updated over 8 years ago on . Most recent reply

User Stats

10
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4
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Kory Musser
  • Rental Property Investor
  • Ephrata, PA
4
Votes |
10
Posts

Cash Buy & Refinance vs Cash Buy & HELOC

Kory Musser
  • Rental Property Investor
  • Ephrata, PA
Posted

Hello Everyone,

Quick question.....what it is better in this scenario?

Purchase a house in cash, rehab the property, then refinance with conventional financing or take out a HELOC? I like the idea of HELOC because the rates are similar but there are no fees and you only pay when you need the funds.

Thoughts???

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