HOW TO USE A LINE OF CREDIT TO ACQUIRE INVESTMENT PROPERTIES-2024 | The Mortgage Patriot

Very good explanation! (Houston, Texas)....subscribed

Yeah, but who's to say if you have consistent renters and ppl who actuality pay rent every month on time.. And over half a million in debt. Am I wrong? Very risky is my point

Great stuff Kevin! Moving from GA to Dallas this fall to start my career as a recent grad. I’ve been diligent about saving and would love to explore creative financing strategies like the one used in this video to buy investment properties. Can you share additional context about not being able to use a HELOC in 2nd lien in TX? How could a TX investor work around that to still use HELOCs to buy properties. Thanks a lot.

It’s a bit deceptive isn’t it? 1800 a month rent but non deductions for insurance, or maintenance? Also no addition of the monthly interest rate they are adding to your loan each month.

Would you be interested to get on a call and talk about loc etc but my portfolio is in Canada.

Thank you Kevin. I'm in California.

Wouldn’t it be better to use the 206k for the down payments of rental properties so you could get more?

what if u dont have a home

Hi I have a 169k in HELOC sitting in my account. Have a 6 month 6.5 interest rate. I can t find a hone to buy at that price. How can u help me?