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Updated over 4 years ago,
Question about HELOC
I am new to investing and gathering information for my first deal. I'm interested in a HELOC but had a question. Let's say we are hypothetically headed for a downturn in the market and my equity is as high as it will be for the next year+. Should I worry about my house decreasing in value and owing more than it is worth if I were to do a HELOC? Thanks in advance.