Texas - Keeping HELOC when changing Primary residence

[James Dugan]

Hi folks,

Long time lurker, first time poster!

I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase. However as Texas only allows a HELOC on your Primary Residence, I don't want to lose this facility if I move to a new place (and I want to comply with the rules!).

Does anyone know if there is any flexibility here, including if I can keep the HELOC if I have had it for 12 months (so stayed in the Primary Residence for a year after the HELOC started)?

Thanks,

James

[Preston Dean]

Hi @James Dugan

Welcome to Bigger Pockets!

maybe @Andrew Postell can help you with that question!