Hold the LOC for emergencies or really, really good deals that pop up when you don't have cash on hand to nab them.Have you ever done the math to determine what your return is?

The problem I'm having is that the banks want 25%  and that will take all my cash  and I would like to keep some cash for emergency funds.

People who normally would have left the country were concerned about reentry or medical emergencies.

New bills have added some further rules and restrictions, like making owners apply for a Transaction Tax license, registering their property as a short term rental, and also providing direct contact information in the case of emergencies or complaints. 

I'd like a HELOC as a psuedo emergency fund and/or to help with a larger DP on future properties I have the $28K in cash but it's my D.P. account for my next property.one Idea is to Pull a $80K HELOC... and toss my cash at it ( or more than likely pay off the primary, then refi the paid off home with a HELOC) Thus giving me the entire $80K as a credit line.... if i pull... $40K out for a duplex DP I could likely replenish in < 12 months (if the property doesnt need further funds)Thoughts?

Of course this would only apply in emergency situations4) Do you leave it activated and provide them with an access code? 

Hello all,I am looking to get started in investing in the multi-family apartment space, and I am in need of a platform that will give me access to updated market data to help me find an emerging market to invest in.

I spent nearly a week at the time - sick, going back and forth to emergency, and with a catheter and plastic bag attached for nearly two weeks - sanding the wooden floors with an orbital sander and by hand to get it all off.

If I end up doing a HELOC and not replacing the balance quickly I will have a higher emergency fund to cover the interest payments in case rates rise too much.

If an emergency arises, will we still have the money to address it?