Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10000)
Max Smetiouk HELOC from Primary residence to buy land and tax implications?
29 May 2024 | 6 replies

Hi,Could someone share any IRS experience or their stance on tax deductions changes that went into effect after 2017?Question, can i use HELOC from primary residence to buy land somewhere else and be able to deduct in...

Pat Jackson Investment Property HELOC Strategy?
30 December 2018 | 12 replies

I have a HELOC on my primary residence in Nevada.  I'm investing in SFR in Missouri.  My currant goal is to a accumulate 10 SFRs, and then reassess.I'm trying to figure out the best way to get there.  I'm currently do...

Remone R. Cash out refinance or Heloc
12 March 2018 | 19 replies

So I have a four unit property we bought for 505k fha 3.5% down 3.75% interest rate, that we’ve had for a year and looking to cash out refi to get a second property. BUT I’m not the appraisal will come back high enou...

Malik Jackson Should I use a HELOC to purchase my first rental property Thanks
6 December 2021 | 6 replies

Would anyone be willing to share how they used a HELOc on their personal property to purchase a rental property? Some of the details not to personal, just trying to get an idea if this is something I should do. Only l...

David Barajas Refinance out of FHA to CONV with HELOC?
17 September 2020 | 1 reply

Hello, Looking to get advice on what is the best option for my situation. Here it goes: I have an FHA Loan on my primary residence (currently in forbearance) with PMI of $208 per month @ 3.375% interest mortgage rate....

Ashley Stephenson Creative re-financing of HELOCS?
5 July 2023 | 3 replies

Hi, BP! My husband and I have HELOCs on two of our four rental properties, and we used them to purchase and renovate our new primary residence. With interest rates higher now, and with some misunderstanding of the ter...

Kishan Kamath HELOC Loan Scenario/Question
12 December 2022 | 4 replies

Hello All, I have a scenario which I am planning on implementing which I am looking for feedback on whether it’s a good idea. I currently have 2 properties, one is a townhouse in Northern BA which I have rented out...

Wes Mccullar Should I pay off my HELOCS right now?
25 July 2022 | 4 replies

Hello all! My wife and I begun our RE investing journey about a year ago leveraging 2 HELOCS on our primary resilience to purchase STR’s. We are cash flowing pretty nicely now and we’re wondering if right now is now a...

Bob Asad Can You Do HELOC on Rental?
4 November 2024 | 3 replies

If my primary residence has $500k HELOC, could I use it to purchase a 2nd primary residence and rent out the first one?And if so, as I'm paying down the original primary residence HELOC, in the future, can I use it ag...

1 February, 2024
Rookie Reply: HELOCs Explained and How to Invest with BAD Credit

Getting a home equity line of credit (HELOC) is one of the easiest ways to leverage your home equity and buy your first rental property. But what is the best way to use one? Are there any drawbacks? After today’s deep...