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Updated over 10 years ago,

User Stats

222
Posts
38
Votes
Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
38
Votes |
222
Posts

Risks of using a home equity line of credit?

Chris Stromdahl
  • Rental Property Investor
  • Seattle, WA
Posted

I am considering the use of a home equity line of credit in the future.

I do own a home, but am hesitant to take out an equity line of credit on it because it is our primary residence. 

  • I do intend to leverage the equity in my investment properties, but I would like to try and keep my primary residence out of the investment business.

Is this a good idea or am I leaving a relatively low risk opportunity on the table?

What are the risks associated with home equity lines of credit?

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