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Reply to "down payment on 2nd home"
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[quote=Anonymous]It's more like, if I have $100k, and it has to be somewhere for a year, it could either earn me $1k deposited with the bank or earn me $3.5k by reducing the balance of my mortgage. As long as I can tap that principal by taking out a HELOC for a month or two, that seems like the better way to go.[/quote]
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