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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
Do You Think It’s a Tough Time to Invest? It’s Not When You Can Get Deals Like This
Are you sitting on the sidelines in this market? Many investors are. There’s a lot of fear and caution. But we’re not. And you don’t need to be, either.  Of […]
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HomeForumsTax, SDIRAs & Cost SegregationRestrictions on HELOCs
Mark Clarke's profile image
Mark Clarke's profile image
Mark Clarke
  • from Denver, Colorado
  • Member since Sep 16, 2014
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Mark Clarke's profile image
Mark Clarke's profile image
Mark Clarke
  • from Denver, Colorado
  • Member since Sep 16, 2014
Connect
Mark Clarke
  • Denver, CO
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Tax, SDIRAs & Cost Segregation

Restrictions on HELOCs

Mark Clarke
  • Denver, CO
Posted Sep 16 2014, 20:10

Can I use a HELOC on my primary residence to complete the purchase of another home which will be my primary residence, paying off the HELOC when the first place sells? Do the rules on this vary according to state?

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