Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Brian Sullivan
  • Rental Property Investor
  • Charlotte, NC
0
Votes |
4
Posts

Creative financing with helocs?

Brian Sullivan
  • Rental Property Investor
  • Charlotte, NC
Posted
I am beginner in this realm of real estate investing...I am trying to wrap my head around creative financing and I have a question. I am having an inability to save the 20% down on a rental property. I do own a home with considerable equity. Can you buy a rental property with a HELOC as a cash buyer? Secondly, after said purchase is finalized can you conduct a cash refi on that rental property and in turn pay back that HELOC? Lastly can you continued ur this process as a rinse and repeat? Thank you for your time

Loading replies...