Ask Paula: I’m Recently Retired. Do I Pay Off My Rentals Or Buy More Real Estate?
Afford Anything
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How to Get a Home Equity Line of Credit
If you were to tap into the equity on your current home, likely the way that you would do that. You could get a home equity line of credit or you could do a cash out refi. I don't have any major objection to the idea of getting that HELOC and combining that with some cash from savings in order to come up with a down payment That would get you into that second home.
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