Syndication Strategy using HELOC funds
Hello,
I am interested in Apartment building investing however I am 52 yo and have a Full time job in healthcare, I have access to capital via a HELOC and was contemplating investing in a couple syndication deals. My thought process is, I can earn enough interest to cover the interest only payment for the HELOC and hopefully double my investment when the syndication refinance or sells. Has anyone gone this route using their HELOC?
thanks