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Updated over 6 years ago on . Most recent reply

Cody Henson's profile image
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Cody Henson
  • Member since Apr 23, 2018
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Cody Henson's profile image
Cody Henson's profile image
Cody Henson
  • Member since Apr 23, 2018
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Cody Henson
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New Member Introductions

Should I use a HELOC to get started?

Cody Henson
Posted

I am new to Biggerpockets, I am 42 years old and I have a desire to invest in buy and hold real estate for retirement income. My home is paid for and I am considering taking out some equity to purchase my first rental property. Should I use a HELOC, Home Equity Loan, or keep saving until I can make a down payment for a conventional mortgage?

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