It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.

that is very, very expensive money. the best use of a HELOC is typically for something short term. 

1st position HELOC.

If you are buying it using seller carried you might be able to use a HELOC to pull out some of the equity but not sure how the refi.

Hi all,We have been dealing with a really bad bank tech-issue in our HELOC application. 

HELOCs can be used on investment properties without requiring full refinancing.

here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?

What would be the best use or strategy with a 75K HELOC to fund an investment property? 

Which banks are allowing low fee HELOCs on properties in LLCs? 

I purchased it with a HELOC so higher interest debt until I can cash out refi.