@Katie DeskinsIf you are trying to extract equity, a HELOC might be the cheapest and easiest way. 

What about using the equity in your home to purchase a duplex via HELOC or refinance?

Then they use a HELOC and go purchase an investment.  

I have built equity in the house and will be closing on a heloc today.

He will no longer have his daily cashflow decimated due to daily debits, which can sometimes lead to overdrafts.Business owner will be able to get his credit back in shape.Business owner will exercise his right to re-purchase his home as he'll be qualified for a HELOC / 2nd mortgage.He will have learned his lesson, I will have made a nice return on my capital while holding the deed to the property where he owns 50% equity as my security. 

So I'd be writing a check for it through my HELOC.

Apply for a HELOC in a year or two.

If you have that much in equity and the rental numbers make sense, put a tenant in there and open a HELOC.

Seems like it has been too good for too long (low inventory, overseas money flowing in CA/NY/SEA/MIA/ATL and tech money, zero fed rates) but some bad signs are coming (all the major economies are slowing down, baby-boomers tightening their wallets and spending more on healthcare than discretionary, HELOC from 2005 are resetting, wide income gap, Millenniums cant' buy entry level houses, Houses sitting longer in some hot markets due to seller high expectations etc.). 

Hello Everyone,I have a home free in clear and i was recently trying to get a HELOC.