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Updated about 3 years ago, 11/06/2021

User Stats

20
Posts
3
Votes
Spencer Lindquester
  • Rental Property Investor
  • San Antonio, TX
3
Votes |
20
Posts

Using a heloc to invest

Spencer Lindquester
  • Rental Property Investor
  • San Antonio, TX
Posted

My fiancé and I want to buy our first rental property here in Texas. We want to BRRRR a property and are thinking about using a HELOC on our home which we own free and clear. Any tips on getting approved for the HELOC and best way to use it in conjunction with private or hard money until a cash out refi?

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