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Updated almost 4 years ago,

Michelle Harrington's profile image
Michelle Harrington's profile image
Michelle Harrington
  • Rental Property Investor
  • from San Jose
  • Member since May 21, 2020
  • Posts 37
  • Votes 22
  • Experience 6 Yrs
  • Investments 4
Connect

User Stats

37
Posts
22
Votes
Michelle Harrington's profile image
Michelle Harrington's profile image
Michelle Harrington
  • Rental Property Investor
  • from San Jose
  • Member since May 21, 2020
  • Posts 37
  • Votes 22
  • Experience 6 Yrs
  • Investments 4
Connect
Michelle Harrington
  • Rental Property Investor
  • San Jose
22
Votes |
37
Posts
Buying & Selling Real Estate

HELOC, Home Equity Loan or Your Savings?

Michelle Harrington
  • Rental Property Investor
  • San Jose
Posted

Hello Bigger Pockets Family! 

Just wondering, if you are a new investor buying a rental property and you have an equity from your personal home, which one would you use for a DP? HELOC, Home Equity Loan, or your savings? and why?

In regards to HELOC and Home Equity Loan, are this both risky? what are the things to watch for or be careful of?

Thank you in advance! your response is much appreciated!

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