Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago,
Funding deals with HELOC
I have a heloc for $120K. I’m trying to figure out the math regarding buying power. Can I buy a property with a mortgage putting only 20% down and still make money needing to pay back both the mortgage and the Heloc? Or do I need to stick to “cash” purchases and just payback the Heloc?