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All Forum Posts by: Kyle Umlauf

Kyle Umlauf has started 2 posts and replied 2 times.

Post: HELOC as a down payment?

Kyle UmlaufPosted
  • Spokane Valley, WA
  • Posts 2
  • Votes 1
Hi BP members. I've been reading through lots of threads, getting myself familiar with real estate and have a question for you. Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA. Like a lot of young investors, capital is a big problem. I have the ability to access a good amount of cash for a down payment on a property through a HELOC if I choose. Have any of you done this, and how does it affect your numbers on what to look for in a deal for an investment property?

Post: HELOC as a down payment?

Kyle UmlaufPosted
  • Spokane Valley, WA
  • Posts 2
  • Votes 1
Hi BP members. I've been reading through lots of threads, getting myself familiar with real estate and have a question for you. Background on myself I am 25, recently married to my wife (who isn't quite as enthusiastic about real estate for me so house hacking is out the window) and own a 4 bed 2.5 bath in Bothell, WA. Like a lot of young investors, capital is a big problem. I have the ability to access a good amount of cash for a down payment on a property through a HELOC if I choose. Have any of you done this, and how does it affect your numbers on what to look for in a deal for an investment property?