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Updated over 5 years ago,

Edwin Ro's profile image
Edwin Ro's profile image
Edwin Ro
  • Member since Apr 12, 2018
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18
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Edwin Ro's profile image
Edwin Ro's profile image
Edwin Ro
  • Member since Apr 12, 2018
Connect
Edwin Ro
2
Votes |
18
Posts
Starting Out

HELOC for rental then sell

Edwin Ro
Posted

I got approved for a 2.99 intro HELOC then resets in a year. I would like to buy a rental then sell once the HELOC resets. Is this even a good strategy? I got approved for $250k. I live in Los Angeles, but was thinking Las Vegas for this purchase.

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