[jorgito2001]

mortgage on an Investment Home? I currently have a 15 year fixed mortgage on my investment property (my old house), with about 8 years left to pay. I have some GREAT tenants in there, but they are unhappy with my homeowners association's constant bickering about every little thing they do wrong (too many cars parked at the property, a "loud" car for crying out loud), bottom line, they might leave. I make decent money, but not enough to cover my current home's AND the investment home's mortgage without rent check help.Being that I'm fairly new to the real estate investment game, is it normal to occasionally dip into the Equity Line OF that property to pay the mortgage on months I don't have a tenant paying me rent?I owe $74K on this property with a $100K equity line (currently with a 42K balance), in case that helps.I failed to mention it was my OLD house & the current tenants have been there about a year & a half...the association recently changed companies & the new HOA seem to be run by NAZIS!

[tro]

the equity line is for the benefit of this rental, right?it would seem the paying the mortgage would fit that categoryit seems odd that the tenants have lived their 8 yrs and were able to comply with the assoc.'s rules all this time and suddenly having problems? are the extra cars their teen agers or are they letting some relatives move in with them that were not there before? the rules are for the benefit of everyone, including them, the probably don't appreciate loud car noises from neighbors either