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Updated almost 11 years ago,

User Stats

25
Posts
7
Votes
Brandon Belanger
  • Henderson, NV
7
Votes |
25
Posts

Home Equity or Line of Credit ..... Starter investor

Brandon Belanger
  • Henderson, NV
Posted

I'm am a starting Real Estate Investor and I am in the planning stages right now.... I'm using the The Property Buying Process as of right now as a guide from the Ultimate Beginners Guide

So I am on step three and cam along a question about financing the deal(s)

What does everyone think about using a line of credit or home equity.

Little bit about me I am 23 married and have a son. Me and my wife do currently own our house here in henderson,NV

So I guess my question is what are the pros and cons of using this kinda format for a first time startup? Is it smart? Is it risky?

Thanks Brandon

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