Best way to utilize a HELOC right now?

[Brandon Knight]

Hello!

I am looking into doing a HELOC on my primary residence to have the cash on standby. Typically people talk about essentially doing the BRRRR method and paying off the HELOC principal after they cash-out refinance. Now that a lot of markets are starting to see lower appraisals, is there another strategy to use a HELOC during this point in the economy?

Thanks for the help!