How To Use a HELOC as a Real Estate Investor 🏠💰

🔊 Maximize The Equity In Your Home 🏠
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If you're in the house flipping business, consider using the Equity in the home you live in to flip more houses 💰
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Instead of using a HELOC (Home Equity Line Of Credit) to pull out a huge chunk to buy & fix 1 house... consider using a lender for the bulk of the money you need and using your HELOC money for the "gap" money needed to complete the deal.
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Most if not all institutional lenders are going to require the house flipper to put some skin in the game for rehab, down payment, fees, etc.
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Use the HELOC money for the skin in the game money so you can spread it around a bit and do multiple deals.
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Just be careful when you're doing multiple deals that you're not biting off more than you can chew as far as the rehab goes... more on that in another video

If you want to learn how to build a profitable real estate company yourself, we created a Free book that teaches you the fundamentals along with a ton of other Free Resources:

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