[celestialcheese]

Can't pay off your house with a HELOC.

If your goal is to pay for college or buy a boat, HELOCs can be great.

This is super appealing to me because its a path I hadn't considered to becoming debt free with your primary residence, which is a large goal for many people, including myself.

[nrmitchi]

That's a bit of a goal-post-moving response. The statement I responded to was that people can't "use their equity as cash". Saying that you can't use a heloc to pay off your home is *true*, but not really related to using equity as cash.