Leveraging HELOC to Purchase Additional Properties

[Christopher Houser]

I currently own outright two SFH that are currently rented for a total 1400. per month. I have access to 70k from a HeLOC. What is the best strategy to contine to grow my portfolio and acquisitions to gain the most rentals oe properties?

[Mike G.]

I agree with Laura. I would personally be very nervous using a HELOC for a long term investment - I wouldn't do it. But using it for a short term transaction like a wholesale or flip - yeah, as long as you know what you're doing.