The mortgage strategy being discussed is actually a popular one in Australia.
The downside is that it takes discipline and you need to keep up on it to make sure that you do NOT spend more than you make or your HELOC balance due will grow instead of shrink.
The downside is that it takes discipline and you need to keep up on it to make sure that you do NOT spend more than you make or your HELOC balance due will grow instead of shrink.