Heloc? For Second Sfh

[Guillermo Delgado]

Hello, I am new to the Real Estate world been into it for about 3 months and going. Looking to house hack for my second home and rent out my Primary home by the room. Not sure if I should leverage equity on my current home through HELOC but seems like a good option. Don't want to sell it at a 3% rate Primary home needs a bit of TLC and have a car note. I was thinking of using HELOC for down payment and pulling out from 401k to pay car loan. Any advice greatly appreciated ! In Las Vegas area willing to meet maybe we can JV, always willing to learn. I have recently joined Gator as well hopefully I can be of help !