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Updated over 5 years ago on . Most recent reply

User Stats

14
Posts
0
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Andres Aguero
  • Rental Property Investor
  • Anaheim, CA
0
Votes |
14
Posts

Best Strategy for using Home Equity or HELOC

Andres Aguero
  • Rental Property Investor
  • Anaheim, CA
Posted

Hi everyone. I'd like to learn a couple of different strategies investors use when using a HELOC or a home equity loan.

My parents can get a HELOC of $200,000. I've already convinced them about investing that money into real estate, now it's just a matter of HOW to invest it.

I'm very well aware of the BRRRR method, but I'm wondering if there are any alternative strategies that might not require as much work/effort.

i.e Would you recommend we use the HELOC as a down payment for 5-10 different SFH/MFH (maybe an apartment as well) if the numbers make sense?

I just need some recommendations from experienced investors on how they used their HELOC.

Thank you in advance for the responses!

Best,

Andres

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