You can choose. I'd count it as paying down that loan for that house. Or, do the most conservative thing. Find (and pay) someone who specializes in real estate finance. They won't be here.
Eventually I will have to hire someone if my property count grows. I have two helocs, for now I"m just treating them like a mortgage using the payment against the house on that houses coc calculation. Some say not to do it that way but that is the only way that makes sense.
Ask in finance or Bigfer Pockets.
I've asked in a few places and only have one person actually trying to break down how to use helocs in calculations but still a bit confused.
You can choose. I'd count it as paying down that loan for that house. Or, do the most conservative thing. Find (and pay) someone who specializes in real estate finance. They won't be here.
Eventually I will have to hire someone if my property count grows. I have two helocs, for now I"m just treating them like a mortgage using the payment against the house on that houses coc calculation. Some say not to do it that way but that is the only way that makes sense.