General Real Estate Investing
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 1 year ago,
Can I use a heloc to do a house flip? How do I do it?
I currently own a duplex and have one side rented on airbnb. I'm living on one side and renting the other on Airbnb.
Mortgage is $2k per month and airbnb is generating $3500 gross per month.
the bank just approved a heloc for 250k. Is there any way I can invest that in something?
can I buy a house with it and flip it? if I can I'd like to remodel most of it myself.
or are there better ways I can invest it?