Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

5
Posts
1
Votes
Devon Deda
Pro Member
1
Votes |
5
Posts

Best resources for using a home equity to fund real estate

Devon Deda
Pro Member
Posted

I’m thinking about using my equity in my primary residence to fund some deals but would like a few recommendations of the best resources out there

  • Devon Deda
  • User Stats

    2,129
    Posts
    1,190
    Votes
    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    1,190
    Votes |
    2,129
    Posts
    Jason Wray
    Pro Member
    • Banker
    • Nationwide
    Replied

    Devon,

    Using equity through a cash out refinance right now is the best choice especially over a Heloc. Between rates being higher and terms being shorter Helocs can also have issues when it comes to DTI and not having reserves. Heloc cannot be used as an asset or PITI reserves required when buying more properties.

    Rates having been getting better on primary COR as well. 

  • Jason Wray
  • [email protected]
  • 727-637-4289