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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
HomeForumsBRRRR - Buy, Rehab, Rent, Refinance, RepeatHELOC for down payment
Britt Smith's profile image
Britt Smith's profile image
Britt Smith
  • Member since Apr 15, 2019
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Britt Smith's profile image
Britt Smith's profile image
Britt Smith
  • Member since Apr 15, 2019
Connect
Britt Smith
8
Votes |
30
Posts
BRRRR - Buy, Rehab, Rent, Refinance, Repeat

HELOC for down payment

Britt Smith
Posted May 7 2022, 06:38

I want to use some money from my HELOC as down payment for a multi-fam but am not sure if the bank will have a problem with me pulling from the HELOC. Has anyone experienced this?

Fort Lauderdale, Florida
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