Buying a Duplex/Triplex using a HELOC
Hi all! I am trying to get into real estate investing but lack the capital to do so. I am considering using a HELOC to free up some equity from my home in order to cover the down payment of the new property. I currently owe $350k on my mortgage, and the home is valued at over $675k, so it seems more than feasible. I'm wondering if any of you have done something similar and/or have any advice to pass along. Thanks!