Home Equity Line of Credit (HELOC)?

[David White]

I'm still relatively new to the real estate game (2 rentals owned in just under 6 months of investing) and have been coming across different strategies to buy properties. One of these strategies is called the HELOC method. Where investors essentially use the home equity line of credit from the bank to either invest in other properties or pay off their current mortgages.

What is the downfall of this? I’m still learning and am looking to understand both the pros and cons ...