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Updated about 7 years ago,

Andrew Pettit's profile image
Andrew Pettit's profile image
Andrew Pettit
Pro Member
  • Rental Property Investor
  • from Rhode Island
  • Member since Jul 9, 2017
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User Stats

100
Posts
19
Votes
Andrew Pettit's profile image
Andrew Pettit's profile image
Andrew Pettit
Pro Member
  • Rental Property Investor
  • from Rhode Island
  • Member since Jul 9, 2017
Connect
Andrew Pettit
Pro Member
  • Rental Property Investor
  • Rhode Island
19
Votes |
100
Posts
Real Estate Deal Analysis & Advice

Advice about using leverage to buy and hold real estate

Andrew Pettit
Pro Member
  • Rental Property Investor
  • Rhode Island
Posted

Good evening everyone,

I am in the process of applying for a HELOC for about 100,00 and I am looking to use it to buy another piece of real estate. I was wondering if I could get peoples advice on the "dos and don'ts." My last place I used my own cash as the down payment, which I know now is a mistake, just looking for advice. Please be brutally honest, thanks.

  • Andrew Pettit
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