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Updated over 4 years ago on . Most recent reply
![Randy Wiley's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1503990/1621512997-avatar-randyw93.jpg?twic=v1/output=image/crop=2448x2448@0x0/cover=128x128&v=2)
HELOC WHAT TO DO NOW!
So my wife and I did a BRRRR, in a house, she bought about 14 years ago. It went very successfully we pulled out 320% more than the tax value. The bank asked are you sure you want to do an appraisal? I told then yes I am 100% it's worth more. The validation after it came back was amazing. So here is my question. We are thinking that we need to wait and see if the fall marker comes down, and all the people that can't pay their mortgage. While still doing our postcard campaign, which as of right now we are at a 5% return on our campaign.
What are some of you doing right now? We don't want to catch a falling knife, and we are running numbers all the time to see if it will all work and continuing to look for opportunities as they come. Thanks in advance for taking time to respond.
Randy.