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Updated over 8 years ago on . Most recent reply

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22
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4
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Tyler Hubarth
  • Investor
  • Portland, TN
4
Votes |
22
Posts

HELOC to fund deals?

Tyler Hubarth
  • Investor
  • Portland, TN
Posted

Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of forced appreciation, we were able to recuperate the total amount we had into them.

Has anyone else done a deal of this nature, funded solely from a HELOC?

Most Popular Reply

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6,408
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2,655
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Brent Coombs
  • Investor
  • Cleveland, OH
2,655
Votes |
6,408
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Brent Coombs
  • Investor
  • Cleveland, OH
Replied

Arguably, anyone who DOESN'T use this strategy is WASTING their equity! Cheers...

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