Will you use the HELOC as a short-term bridge, or plan to hold it longer?

I've been reading more about subject to and here's what I've learned:-Good for sellers who are off market-Have low to no equity-Have a mortgage with a low interest rate (less than 5%)-Be absentee or out of state (vaca...

So it’s not a house you’d should hold with your own money.

However, if you start holding properties in an LLC, you don’t want to flip properties in the same LLC.

I'm looking to purchase a single family home as an investment property (buy and hold strategy).

Also beware, suncoast will hold you for 2 years while they suck the life out of you.

Investment Info:Small multi-family (2-4 units) buy & hold investment.

Sometimes you need to know when you can hold em and when its time to fold em and move on.

I usually hold 15% total for these.

The down fall is a Heloc can "Never" be used as an asset or for PITI reserves required when buying a new Primary or investment property.A heloc can also cause major issues with credit and one slight hiccup or missed payment the bank or lender who is holding the Heloc can close or reduce your line of credit.