Cash Down Payment for Versus HELOC Draw · 🏠 Lower Taxes w/ Ryan

Cash Down Payment for Versus HELOC Draw

I'm working on first STR purchase. Considering cash down payment versus HELOC draw for the down payment. Why I'd use cash is to avoid the HELOC payback (fixed 7.1%, 10/10, not yet tapped) and increased cash flow (no HELOC interest repayment) for the STR. On the other hand if I used the HELOC for down payment I preserve cash for to scale in near future and for rainy-day funds. Any suggestions?

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Cash Down Payment for Versus HELOC Draw