Business Insider
Business Insider
US · 19 mins ago

How savvy real estate investors are using HELOCs to buy rental properties and build wealth

Mark, who prefers not to share his last name, retired early, thanks to his real estate investments. Courtesy of Mazske Finance Homeowners are using home equity lines of credit, or HELOCs, to buy investment properties. A HELOC lets a homeowner borrow against the equity in their property. It works like a credit card, allowing you to borrow money as needed up to a set limit and pay it back. Mark didn't have a six-figure salary when he started investing in real estate. The Florida-based former…
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