ilmscore | Prediction Details
"if as long as the cash flow that you forced is more than The Debt Service on the HELOC you won with cash flow and you won with equity and you made your property better"
By BiggerPockets | July 9, 2024 | Pending
From video
How to Use Home Equity to Buy Investment Property (and Retire!) 00:23:26 - 00:23:35
Interpreted Prediction
Using a HELOC to improve a property, such as building an ADU, can result in increased cash flow, equity, and an overall better property, provided the generated cash flow exceeds the HELOC's debt service.

Prediction Details

Topic
HELOC Strategy (STR Improvement)

Comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.