When used correctly a HELOC allows you to do multiple deals over and over again.

I am sure there are people who did it, even on this forum I saw posts by multiple users who claimed that they were successful doing this method.

When investing in real estate, having multiple exit strategies is key.For a single investment property, make sure the numbers work for both scenarios: 1️) If you decide to sell the home, the deal should produce a solid return. 2️) If you need to rent it out, the rental income should cover expenses and provide a profit.Flexibility is what saves you when things don’t turn out as planned.

@Na Connolly, talk to an eldercare lawyer there are likely multiple issues to consider here.

Case in point, just today BAM announced the sale of an asset. 17.4% IRR and a 2.63 Equity Multiple to investors.

They may know of some deals that aren’t listed in the MLS(multiple listing service), or know someone looking to sell, etc. the more people you know and the bigger your network of people, the easier things will be.PAID ADVERTISINGBANDIT SIGNSA lot of people hate bandit signs, but I can say from experience THEY WORK.

I also have multiple streams of income and the ability to reduce my expenses sharply if needed to payoff a major unexpected expense.

Typically a solid GP would reach at a 2x multiple in 5 years, taking your 500k to 1MM.

If done right, a well purchased flip will have multiple exits.

It's best to reach out to multiple lenders to explore your options.