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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated over 2 years ago on . Most recent reply

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Kevin Hunter
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Best way to scale to Next property? HELOC, cash out refi?

Kevin Hunter
Posted

Hey there BP!!! just a quick check-in…currently how is everyone going about obtaining the next property? I want to make another move but cash was tied up on my last property (25% down) I've got decent equity built up so perhaps HELOC may be an option to use funds for down payment on another property but not sure if I want to do that. Also not sure if I want to refi given the rates today. So how can I get to my next property?

Most Popular Reply

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1,787
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Paul De Luca
  • Real Estate Agent
  • Chicago, IL
1,444
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Paul De Luca
  • Real Estate Agent
  • Chicago, IL
Replied

@Kevin Hunter

HELOC is an option if that's all you have access to. Otherwise keeping saving up your cash so you can do hard money for a BRRRR, 3.5%-10% down for a house hack.

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