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Updated over 2 years ago on . Most recent reply

Gregory Cudzilo's profile image
Gregory Cudzilo's profile image
Gregory Cudzilo
  • from Alexandria, VA
  • Member since Aug 13, 2019

User Stats

30
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7
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Gregory Cudzilo's profile image
Gregory Cudzilo's profile image
Gregory Cudzilo
  • from Alexandria, VA
  • Member since Aug 13, 2019
Gregory Cudzilo
  • Alexandria, VA
7
Votes |
30
Posts
Creative Real Estate Financing

HELOC primary residence then move?

Gregory Cudzilo
  • Alexandria, VA
Posted

If I have a HELOC on my primary residence, but decide to move to a new primary residence and turn my old one (The HELOC one) into a rental...are there any issues with that? Does that HELOC remain in place for the predetermined 10 year draw period and 20 year payback?

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