HELOC for Down-Payment

Buy Then Sell: Strategy #4

Are you wondering how to buy a new home before selling your current home? A Home Equity Line of Credit (HELOC) could be the perfect solution. A HELOC is a revolving line of credit that allows you to borrow against the equity in your home. You can then use this new line of credit for large purchases (such as a down-payment on a new property). This video gives you details as well as the Pro's and Con's of HELOC financing.

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