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Updated about 5 years ago on . Most recent reply

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Ralph Lauren
  • Member since Mar 18, 2020
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24
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Ralph Lauren's profile image
Ralph Lauren's profile image
Ralph Lauren
  • Member since Mar 18, 2020
Connect
Ralph Lauren
4
Votes |
24
Posts
Starting Out

HELOC to start investing?

Ralph Lauren
Posted

I’m currently mortgaging a home, over the past two years, and one refi later, I have gained about 40k in equity roughly. Would it be a good idea to use my equity to start to invest? 40k is a lot to get a loan, but if they are offering zero percent loans someone could take advantage of that and repay the loan while renting the house out right?

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