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Updated over 2 years ago,
New Investor with a HELOC question
Hi everyone! My name is Ken and I've been listening to the BP podcasts for close to 8 months now. Just started coming on the forums and wanted to introduce myself. I currently own the condo I'm in right now, and I'm thinking of looking for something to invest in. As far as money goes, once I find a deal and crunch the numbers, what would be the best way of financing said deal? I can probably find some people to go in on the deal with me, or should I take out a HELOC? What are the pros and cons of each? TIA for any help you could offer. I look forward to talking to all of you in the future.