Private Lending & Conventional Mortgage Advice
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 6 years ago,
Heloc on temporary dwelling
I’m getting ready to temporarily move back into my rental property, while searching for a new primary residence in the coming months. I have a lot of equity in this rental property, and want to utilize it. If I establish homestead residence there and take out a 80% heloc, will it void the heloc when I move? Or will the bank call it due?