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Updated over 8 years ago on . Most recent reply

Cash Buy & Refinance vs Cash Buy & HELOC
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???