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Updated almost 6 years ago on . Most recent reply

User Stats

6
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Stephen DeSanctis
  • Rental Property Investor
  • Howard Beach, NY
0
Votes |
6
Posts

HELOC’s for BRRRR Strategy...

Stephen DeSanctis
  • Rental Property Investor
  • Howard Beach, NY
Posted

Hey guys

I’m based in NYC, currently house-hacking my own home...looking to buy my first (of many, hopefully) investment property.

I would ideally love to stay local and buy in NY but the prices are just too high for me right now. So I’m looking out of state.

My question is regarding HELOC...

Should I use a Heloc from my own home to then go BRRRR an investment property.? What's the best way to do this? Or is there a better way that I'm missing?

Thanks in advance!

Steve

  • Stephen DeSanctis
  • Loading replies...