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Updated almost 4 years ago,

William D.'s profile image
William D.'s profile image
William D.
  • from Staten Island, New York
  • Member since Aug 9, 2017
Connect

User Stats

109
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15
Votes
William D.'s profile image
William D.'s profile image
William D.
  • from Staten Island, New York
  • Member since Aug 9, 2017
Connect
William D.
  • Staten Island, NY
15
Votes |
109
Posts
Buying & Selling Real Estate

Using a HELOC to purchase another investment property

William D.
  • Staten Island, NY
Posted

What's up BP!

What are your thoughts on using a HELOC on 1 of my investment properties to purchase another investment property? I'm not even sure if that's allowed. The new investment property rental income would cover the mortgage and easily cover the HELOC.

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