Updated over 1 year ago on . Most recent reply
What is the best way to leverage my home to invest in real estate?
What is the best way to leverage my home to invest in real estate? I have lots of equity built up in my home. I want to use some of it to start invest in small multi family. I thought of using a HELOC but it seems that is probably best to use if I was taking it out of a investment property not my live in home. I need some advice because I want to make the best decision and set myself up to do more deals.
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It would actually probably be a lot faster and easier to get the HELOC assuming you have enough equity and report your income. The rate will most likely be lower as well. @Ash Hegde, what do you think on this? I'm sure you can advise better than I could.