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Updated over 7 years ago on . Most recent reply

HELOC or Cash Out Refinance?
I am currently moving out of my primary house into another. I am going to rent my current house and after 3 years of owning the appraised value has gone up 100k. What is the most cost effective way to use my equity as a down payment for my upcoming home purchase? I’ve done some research on HELOC and refinancing but would like to know what works best for you.