If you are new and don't have cash, don't waste your time with this.

Claudio,A few things to consider when deciding on a Heloc versus a Cash out refinance on a primary home.

Hi everyone - Im looking to buy my first investment property as a cash buyer. 

yeah if you can save on the furnishings and added expenses then just converting to a LTR is the way to go.

I was also thinking that this may lower our office building payment which is good for our personal cash flow with other investments moving forward.Thank you all for the advantages/disadvantages and I hope this doesn't come off as an irresponsible thought.Kegan

So our cash-flow will be next to none in the near future.Home #2 (our current house). 

I’d be interested in knowing what kind of returns you are getting (cash flow and COC).

Save your money, put in 3 to 4 hours per day of study (YouTube, BP, other sites) until you are confident this is what you want to do.

They can pay with cash, ACH, or credit card.

at what point does it make sense to use a heloc on an investment propertywould you use one to buy the property cash (house is worth $50k) not a lot of room for appreciation, but the rents make sense for me to sit and hold it.in what situation have you guys used a heloc?