Author Topic: Best way to use home equity to buy replacement home?  (Read 207 times)

shanaling

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Best way to use home equity to buy replacement home?
« on: August 07, 2020, 02:53:16 AM »
Hello,

I bought current home for $520k with $261k of debt left. Itís worth about the same, maybe slightly higher ~$550k. I want to use the existing equity to buy a replacement home and then sell current one. Would you do a HELOC, HEL, or cash out refi, or something else? Thanks.