Should I sell or get a heloc

[Armando B.]

Hey, BP team! 

I'm relatively new to the real estate world and I have a question and hoping that to get advice from all of you. I have learned a lot from all of you and love reading all the post and questions.I live in Houston tx in the spring branch area to be more exact and own a house in which I have a heloc loan of 10k that has expired n I'm making payments to pay it off. I also have a property that I adquired via  a fha loan.  Question: I would like to purchase another property or properties to  flip or hold but not sure what to do.  Should I sell this property I have in the spring branch area or should I get a heloc loan? I see there is a lot of new development, lots of new homes and townhouses in the area. The values have gone up!  What would you guys do? What should I take in consideration? Can't wait to hear back from you guy.

Thanks you so much for your help!

[Brie Schmidt]

Originally posted by @Armando B.:

Hey, BP team! 

I'm relatively new to the real estate world and I have a question and hoping that to get advice from all of you. I have learned a lot from all of you and love reading all the post and questions.I live in Houston tx in the spring branch area to be more exact and own a house in which I have a heloc loan of 10k that has expired n I'm making payments to pay it off. I also have a property that I adquired via  a fha loan.  Question: I would like to purchase another property or properties to  flip or hold but not sure what to do.  Should I sell this property I have in the spring branch area or should I get a heloc loan? I see there is a lot of new development, lots of new homes and townhouses in the area. The values have gone up!  What would you guys do? What should I take in consideration? Can't wait to hear back from you guy.

Thanks you so much for your help!

 It is going to depend on what returns you are getting with the house currently and what returns you could get if you sold it and invested it elsewhere