General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 6 years ago,
contemplating a HELOC
I've got one rental with 75k in equity. I've been been cash flowing $500 a month on it for the last 2 years. It was my first home. I'm thinking of taking out a HELOC on it as a buffer and renting out the house I'm in now. Has anyone done this before and would you recommend it? Any advice would be appreciated. I'm in Savannah Georgia.