as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
line of credit for investment
user
what you are describing is called a home equity line of credit (heloc). while the strategy you are describing is not impossible it would raise the amount of debt in your name and reduce your borrowing potential. a recent heloc used to finance the down payment on a second property risks sending a signal of bad financial position to credit analysts and may further reduce your chances to obtain the credit approval.
assistant