HELOC to buy STR's?

[Ryan Marble]

Is it a bad idea to use a HELOC to pay the down payment for my first short term rental investment? And how do I factor that in the Cash on Cash return when analyzing properties? I'm still trying to learn all I can as I look for an opportunity to get my foot in the door to investing in vacation rentals.

[John Underwood]

I used a Heloq for the downpayment on a vacation rental. This worked well for me.