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Updated over 1 year ago on . Most recent reply

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17
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13
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Lindsey Pinkham
13
Votes |
17
Posts

Home Equity Investment Loan.. good idea?

Lindsey Pinkham
Posted

Hi everyone! 

Has anyone heard or even used a home equity investment loan? 

From what I’m reading it basically looks like a 10 year interest free loan against the equity you have in your home. 

I was just curious if anyone knows more about it? I’m wanting to do it to acquire my next rental property (which is a heavy cash flow property). 

Please let me know anything y’all know or any advice you have! Thank you so much in advance!! 

Most Popular Reply

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439
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204
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Mason Weiss
  • Realtor
  • Phoenix, AZ
204
Votes |
439
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Mason Weiss
  • Realtor
  • Phoenix, AZ
Replied

I haven't seen this loan used personally, but I know it all depends on the terms. If it makes sense with the return you receive on a future investment then it is a viable option to grow your portfolio. 

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