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9
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Levi Borunda
  • Albuquerque, NM
2
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Home Equity Line of Credit

Levi Borunda
  • Albuquerque, NM
Posted

If I can get 90-100 from a HELOC, what price for a property is reasonable to pay?

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2,325
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
911
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2,325
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Antoine Martel
  • Rental Property Investor
  • Miami, FL
Replied

So you're going to take $100k out on a HELOC and you want to buy some cash flowing assets with that cash?

Have you thought about using that cash to buy rental properties out of state? You could buy 4-5 turnkey rental properties out of state with that cash and cash flow over $1,000/mo.

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