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Updated over 2 years ago,

User Stats

14
Posts
8
Votes
Brandon Combs
8
Votes |
14
Posts

Looking to get a HELOC from my home to start investing.

Brandon Combs
Posted

Brand new to real estate investing. I own a home and have good equity in it so I'm thinking of getting a HELOC from my home to help buy my first short term rental property. I don't have much cash to my name so would this be the best way to get started on my journey?

Also would it be smart to get the HELOC and use a small portion of it to help pay off some of my credit card debt?

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