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Updated over 2 years ago on . Most recent reply

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Ryan Trygar
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Medium-Term Rentals

Using HELOC to fund investment property

Ryan Trygar
Posted

Hi all-

I am considering using a HELOC on my primary residence to fund the down payment and furnishing costs on an investment property that will be used as a medium term rental. What strategies could be used to pay down the HELOC relatively quickly? I will be buying a turn-key place so BRRR wouldn't apply here. I plan on reusing the HELOC to scale and fund future investments as well.

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