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Updated almost 8 years ago,

Jordan Epping's profile image
Jordan Epping's profile image
Jordan Epping
  • from Trevor, Wisconsin
  • Member since Mar 31, 2017
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Jordan Epping's profile image
Jordan Epping's profile image
Jordan Epping
  • from Trevor, Wisconsin
  • Member since Mar 31, 2017
Connect
Jordan Epping
  • Trevor, WI
0
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12
Posts
Starting Out

Home Equity Line of Credit?

Jordan Epping
  • Trevor, WI
Posted

Hey everybody.  Im looking to get started investing in real estate, and i want to get started with a buy and hold property.  I own a small business, don't make a lot of money on paper and don't have anything saved up.  But i don't want to wait to start.  I currently own the house I'm living in, and it is worth approximately $100,000 more than i owe on it.  SO I'm thinking a Home Equity Line of Credit would be the way for me to get started on my own to buy a rental property.  Any advice when dealing with one of these? Pros and Cons? Look forward to hearing from anybody that has some insight on the issue.  Thanks in advance!

-Jordan Epping

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