Cool Home Equity Line Of Credit Used For Investment Ideas. A home equity line of credit is a lending product that provides a loan based on the amount of equity held in a real estate asset. Getting a home equity line of credit ( heloc) a heloc works much like a regular line of credit.

Since home equity loans and lines of credit are based on the equity in your home, you can roughly calculate the maximum loan you’re able to take out. You can borrow money whenever you want, up to the credit limit. Heloc is also known as a home equity line of credit.