@Scott L. the issue with the idea of using the 10k to just pay down the principal is that then it's gone and you can never see it again - in a HELOC you can take it back if there is a need for it in the future.The next step on this ideia is that you have a HELOC as your emergency stash, so that you can always access it if there is an emergency, but you don't pay any interest if you don't and you don't have money sitting around in a checking account or under your mattress.

Accounting for Real Estate Investors" by David L.

https://www.biggerpockets.com/forums/32/topics/1221154-raw-l...

Thanks for your candidacy, Nicholas L.

Quote from @Nicholas L.: @Brent Harasymwhy not start with a house hack instead? 

@Jason L. 

:Originally posted by @Mary L.

L.

Quote from @Nicholas L.: @Radhika S.you are right to be cautious. 

Quote from @Antwaun L.