Best resources for using a home equity to fund real estate
I’m thinking about using my equity in my primary residence to fund some deals but would like a few recommendations of the best resources out there
Devon,
Using equity through a cash out refinance right now is the best choice especially over a Heloc. Between rates being higher and terms being shorter Helocs can also have issues when it comes to DTI and not having reserves. Heloc cannot be used as an asset or PITI reserves required when buying more properties.
Rates having been getting better on primary COR as well.