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Updated almost 2 years ago on . Most recent reply

Kelly Stanton's profile image
Kelly Stanton's profile image
Kelly Stanton
  • Investor
  • from Austin, TX
  • Member since Jan 30, 2022
Connect

User Stats

29
Posts
4
Votes
Kelly Stanton's profile image
Kelly Stanton's profile image
Kelly Stanton
  • Investor
  • from Austin, TX
  • Member since Jan 30, 2022
Connect
Kelly Stanton
  • Investor
  • Austin, TX
4
Votes |
29
Posts
Medium-Term Rentals

Using a HELOC for a Rental Property in Austin

Kelly Stanton
  • Investor
  • Austin, TX
Posted

We are considering purchasing a rental property/townhome in Austin and wanted to know if it would be a good idea to use a HELOC? We currently own a 3BD 2 BA in Austin and have a decent amount of equity in it. We are eyeing an investor friendly townhome in East Austin that does not have any rental restrictions. We would likely turn this property into a MTR.

Austin, Texas
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