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Updated almost 5 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Chris Brown
  • Rental Property Investor
  • Houston, TX
3
Votes |
11
Posts

Home Equity Line of Credit (HELOC)

Chris Brown
  • Rental Property Investor
  • Houston, TX
Posted

I'm interested in learning more about HELOC's!

If I have an family member who is willing to lend me money from their HELOC, how do I set up an agreement that helps them and me more secure?

I plan on using this line of credit to purchase homes cash and using the BRRRR strategy to pull the needed money out to pay said family member back.

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