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Updated over 6 years ago,

Dillon Jay's profile image
Dillon Jay's profile image
Dillon Jay
  • from La Quinta, California
  • Member since Feb 5, 2017
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Dillon Jay's profile image
Dillon Jay's profile image
Dillon Jay
  • from La Quinta, California
  • Member since Feb 5, 2017
Connect
Dillon Jay
  • La Quinta, CA
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Starting Out

Use equity in my home to pay down my home or invest in a rental?

Dillon Jay
  • La Quinta, CA
Posted
I have a home in Southern California that I bought for $225k. It has appreciated around $290k in the two years I have lived here. I would really like to purchase a rental using a Heloc strategy, but I'm not sure if it's a good time to invest my equity or if I should use it to help pay down my home value over time. Any suggestions?
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