Smart Strategies To Acquire Homes Using Existing Equity

While using home equity can be a smart investment strategy, it’s important to consider the risks:

- **Market Fluctuations**: Real estate markets can be volatile. An unexpected downturn could affect the value of your properties.

- **Debt Obligations**: Borrowing against your home increases your debt level, which could impact your financial stability if not managed carefully.

- **Interest Rate Changes**: Variable interest rates on HELOCs can lead to higher payments if rates increase.