All Forum Posts by: Michael Klick

I just wanted to say thank you all for the responses and insight!

A partner and I, both of who work a full time job, are looking to get into real estate investing. Focusing on a long term rental for our first property, we are just beginning our search. I have listened to plenty of podcasts and ready a number of books, but only a few mention purchasing yours first rental with a HELOC. Would anyone be able to offer general advice to this approach? We do have cash available, but with a large amount of equity in our primary residence, we wanted to avoid tapping into that cash to instead take advantage of our equity. Any insight from those who have done this or those that suggest we don't take this approach would be appreciated.