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

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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

Updated almost 4 years ago,

User Stats

19
Posts
4
Votes
James Ahern
  • Smithtown, NY
4
Votes |
19
Posts

HELOC on House to BRRRR another

James Ahern
  • Smithtown, NY
Posted

I am wondering if it would be viable and beneficial to take out a heloc to BRRRR other properties. I have this house almost paid off and would like to use some of that equity for other deals. Would I be able to take out a heloc to do buy the other property and then when i get to the refinance stage of the new BRRRR and pull out the 70-80% equity can I then pay off the heloc completely and start looking for another deal to BRRRR. Also is there a minimum amount you have to pull out of a home for a heloc?

Loading replies...