Using Home Equity to Buy an Investment Property? Watch This First!

Your home may have enough equity to help you buy another property — but should you actually use it? Learn how a HELOC, home equity loan, or cash-out refinance can turn existing home equity into funds for an investment property, rental, vacation home, or house flip. The bigger question is whether the numbers still work after interest costs, monthly payments, cash reserves, repairs, and unexpected changes in the market. Before putting your home equity to work, know what could make the strategy ...