Equity Line of Credit for Personal Emergencies

[Nathan S.]

Hi BP world, if my wife and I are diligently saving around 1/2 of our paycheck for 20% down SFH deals (total of seven is the goal- two down, five to go), we may find ourselves low on personal reserves from time to time. Has anyone gotten a HELOC on their investment properties as a way to protect them from a rainy day in their personal lives (job loss, unexpected medical costs)??