#AskBP 078: Should I Get a Home Equity Loan or a Cash-Out Refinance to Buy a New Property?

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On this episode of the #AskBP Podcast, Brandon shares his advice for a listener who isn’t sure what the best loan product to pursue for his new property. Discover the major reason Brandon would choose one of those options over the other!

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About Author

Brandon Turner

Brandon Turner (G+ | Twitter) spends a lot of time on BiggerPockets.com. Like... seriously... a lot. Oh, and he is also an active real estate investor, entrepreneur, traveler, third-person speaker, husband, and author of "The Book on Investing in Real Estate with No (and Low) Money Down", and "The Book on Rental Property Investing" which you should probably read if you want to do more deals.

7 Comments

  1. Tek Chai

    Thanks Brandon of your #AskBP on this question. Are there any sites that discuss the pros and cons of the different strategies in regards to tax efficiencies, cost effective strategies 
    1. Cash Out Refinance, 
    2. Home Equity Loan and 
    3. Home Equity Line Of Credit (HELOC) 

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