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 10 years ago,
Anyone considered using HECM instead of HELOC money for investing?
Hello,
I am curious if anyone has any thoughts on using equity from primary residence via HECM instead of HELOC for procuring investment properties.
HECM does not require monthly payments but I wonder if anyone has used this (available only at or over age 62) ) or has any opinion for or against.
Thank you
J