Once the title is mine, are there advantages/disadvantages to taking a home equity loan for travel etc.

If they truly want to help veterans, they shouldn't put them at a disadvantage in the free market system.

Mortgage is only $1400 with 4% rate, inflation is 3%Fast forward to 2023, same house is $1 mil ; principal paid is about $150-$80k, remaning mortgage is $120-$140k with 40-55% LTV.When I paid $1400 in 2023, it is not inflation adjusted, if it's inflation adjusted, I shall pay $2,000 instead.In US of A , with current mortgage process, the advantage is with the borrower, the disadvantage is with lender (precisely reason why BAC/SVB is falling because they are the holder of our notes).Now the following is still true in US of A:1. home price is still rising albeit slowing down2. fixed mortgage rate is still available and sometimes we could get the rate BELOW inflation rate3. actual Fed real rate compare to inflation is still zero.Now when people do leverage in mortgage, after 8-10 years, you could pay off one of the property, with the equity from other house.With cash you can't do that. 

They know that they can get away with it in many cases especially if the law disadvantages people unlikely to be able to fight them about it.

Hey @Patrick Goswitz - Like anything there are advantages and disadvantages like @Mathew Pezon pointed out. 

All these threads are showing the disadvantages of buying a fix and flip at auction, there are advantages too!

Originally posted by @Shlomo Koheler:Just Google these words Slow flip Scott JelinekThere is no rehab involved in this it's just the amount of money you make is like flipping only comes in slowlyBy for 30k sell for 90kThey are two ways to do it,1 a land contract form day 1.2 get your tenant-buyer to sign a lease option then after three years of payments on time, you gave him the option to buy with you owner financing him.There are advantages and disadvantages to either option,+ you depend on local rulesGreat information, thank you very much Shlomo, will check it out for sure. 

I have seen advantages and disadvantages to each.

(disadvantage is fee.)

Ask me how I know.The type of RE you choose is a matter of taste, they all have their advantages and disadvantages, but there is no one type that beats everything else.