Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
BiggerPockets Exclusive PRO Area
PRO
General Real Estate Investing
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions presented by
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing presented by
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation presented by
Foreclosures
1031 Exchanges presented by
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing

Updated over 3 years ago on . Most recent reply

Glenn P Kakugawa's profile image
Glenn P Kakugawa's profile image
Glenn P Kakugawa
  • Member since Nov 29, 2022

User Stats

11
Posts
2
Votes
Glenn P Kakugawa's profile image
Glenn P Kakugawa's profile image
Glenn P Kakugawa
  • Member since Nov 29, 2022
Glenn P Kakugawa
2
Votes |
11
Posts
Creative Real Estate Financing

1st vs 2nd position HELOC advice

Glenn P Kakugawa
Posted

We are trying to decide whether to use 1st or 2nd position HELOC to fund our investment property down payment. Any advice is appreciated.

0 Votes
Follow
8 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Nate Sanow's profile image
Nate Sanow's profile image
Nate Sanow
  • I​nvestor & Agent
  • from Tulsa, OK
  • Member since May 21, 2016

User Stats

1,503
Posts
1,161
Votes
Nate Sanow's profile image
Nate Sanow's profile image
Nate Sanow
  • I​nvestor & Agent
  • from Tulsa, OK
  • Member since May 21, 2016
Nate Sanow
  • I​nvestor & Agent
  • Tulsa, OK
1,161
Votes |
1,503
Posts
Nate Sanow
  • I​nvestor & Agent
  • Tulsa, OK
Replied

Do you own something free and clear? That is the only way I can think of a HELOC being a first position. Otherwise, by default, a HELOC would always be 2nd position, to my knowledge.

1 Vote
Log In or Sign Up to Reply
Sort By:

Loading replies...