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Investing in Real Estate with Clayton Morris | Investing for Beginners

1127: Q&A: Can You Get a HELOC on an Investment Property? - Episode 1127

Investing in Real Estate with Clayton Morris | Investing for Beginners

Clayton Morris

How To, News, Education, Business News, Business, Investing

4.41.1K Ratings

🗓️ 3 February 2025

⏱️ 21 minutes

🧾️ Download transcript

Summary

Is it possible to get a home equity line of credit on a rental property? If so, what's the best way to find and utilize a HELOC? That's the first question I'm answering on today's Q&A episode!

This encore episode of Investing in Real Estate features three listener questions on topics like finding a HELOC, how to start investing with bad credit, and how to learn more about using VA financing to buy rental properties. As always, I appreciate your questions and I hope you find my answers helpful on your investing journey.

Transcript

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0:00.0

Hey everybody, welcome into the investing in real estate show.

0:08.3

I'm Clayton Morris.

0:09.0

I hope you are having a wonderful summer.

0:11.3

I love summertime.

0:12.7

I love having the kids running around and, you know, just outside nonstop playing in the sun.

0:19.1

I don't know, doing like slipping slides and playing, you know, at the

0:22.6

pool or the beach or whatever, you know, camp and all of that stuff. And then trying to seek

0:27.2

some shelter inside the air conditioning because it's so stinking hot and playing some video

0:30.7

games for a little while. That was my childhood. I don't know about you guys, but being outside

0:34.5

all day, burnt to a crisp coming in, hiding in the basement,

0:37.9

playing some video games for a little while, just to recover.

0:41.0

Recover.

0:41.5

That's summer.

0:42.3

That's summer.

0:42.8

So we are in the dog days of summer right now.

0:45.0

And, of course, we are waiting to see what's going to happen later this year with the Federal Reserve.

0:49.2

What are they going to do with interest rates?

0:51.1

Are they done raising rates?

0:52.8

It appears that they are. So then interest

0:55.1

rates can start to moderate, start to decline. And inflation, maybe, maybe, maybe. We'll start to come

1:01.0

down maybe in the next year or two. But for now, we're kind of stuck with these higher than normal

1:05.6

interest rates. But think about it. In the housing market, we are at a place where we are much lower

...

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