Hi everyone.  We just got out of a Chapter 13 bankruptcy in December.  We have owned a duplex since 2018. It's in a really good location. It's increased in value a good amount. We just closed on a $550,000 home and pl...

With this house being bought in full the plan is to get a HELOC or HEL to purchase another property when finished.What made you interested in investing in this type of deal?

Any advice on the pros and cons of using the HELOC/HEL and purchasing outright or only using for a large down payment? 

Another option is get a Stated Income Heloc on your primary residence through a good bank.PM and I'' be happy to refer you. 

As mentioned above house hacking is a great way to get started since its low money down as your primary residence, but if you already own your own home you may look into tapping into your equity and using a HELOC to help with downpayment.

Hello,I just purchased my first property using my heloc, it’s renovated and rented out (BRRRR strategy).

1) Rehab money can come from 2nd Mtg/heloc if you have enough equity.

It is unrealized cash potential when it comes to selling/cash out refi/HELOC.4.

Orignally, I was going to buy the house for $200,000 and use either hard money or a HELOC for the rehab costs.

I know it's a relatively new phenomenon, but I've looked into refinances and HELOC's.