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Updated 11 months ago on . Most recent reply

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Ryan Marble
  • Investor
  • Arizona
7
Votes |
16
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HELOC to buy STR's?

Ryan Marble
  • Investor
  • Arizona
Posted

Is it a bad idea to use a HELOC to pay the down payment for my first short term rental investment? And how do I factor that in the Cash on Cash return when analyzing properties? I'm still trying to learn all I can as I look for an opportunity to get my foot in the door to investing in vacation rentals.

Most Popular Reply

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John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
14,919
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John Underwood
#4 All Forums Contributor
  • Investor
  • Greer, SC
Replied

I used a Heloq for the downpayment on a vacation rental. This worked well for me.

  • John Underwood
  • Loading replies...