All Forum Posts by: Wesley Elliott
Wesley Elliott has started 1 posts and replied 1 times.
Post: HELOC/ReFi or new loan for investment property?
Wesley ElliottPosted
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My home is paid off and worth about $500k.
I'd like to buy an investment property for about $300k.
Is it better ReFi or get a HELOC and use the money to buy an investment property with the cash? Or is it better to get a loan on the new/investment property? pros/cons?