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95: Multifamily Investments, Partnerships, and Raising Your Kids to Be Entrepreneurs With Curt Bidwell

BiggerPockets Real Estate Podcast

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What's the Difference Between a Line of Credit and a Home Equity Loan?

Hambota: I've had my a line of credit for about six or seven years. i'm running about five per cento and i've seen some a little lower currentlay, four and a quartersh He says his inlaws recently bought a duplex with no money down. They got a home equity line of credit on their own home, not n on the rental house,. Then went out and bought the duplex with just that money. The key is to calculate the total cost of capital in that so that those costs are included in whatever you're going to receive from your new property.

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