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Updated almost 10 years ago on . Most recent reply

Kyle Mitchell's profile image
Kyle Mitchell's profile image
Kyle Mitchell
  • Multifamily Syndicator
  • from Greater Los Angeles Area
  • Member since Jun 13, 2015
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399
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Kyle Mitchell's profile image
Kyle Mitchell's profile image
Kyle Mitchell
  • Multifamily Syndicator
  • from Greater Los Angeles Area
  • Member since Jun 13, 2015
Connect
Kyle Mitchell
  • Multifamily Syndicator
  • Greater Los Angeles Area
256
Votes |
399
Posts
Creative Real Estate Financing

HELOC's

Kyle Mitchell
  • Multifamily Syndicator
  • Greater Los Angeles Area
Posted

I'm thinking about taking out a HELOC of about $75k (80% LTV) and purchasing another investment home outside the state of California. Does anyone have any experience with this? Any advice out there? Is it better to try and use this money for a flip or a buy and hold? Only experience I have is buy and hold at this point. Thanks!

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