Updated over 2 years ago on . Most recent reply
All in One HELOC (Advantages)
Hi, I am about to close on an AIO HELOC. Anyone have one and let me know the way to ultimately take advantage of it? Would it be smart to put all my rents and paycheck into the AIO to pay down the loan as fast as possible?
Currently, I have my personal bank and LLC bank (rentals). However, it seems smart to put all my rents and paycheck in there so the balance goes down and I pay less interest. Than the mortgages and bills can be pulled from the AIO as need be. Any advice or tips on how to take advantage of the AIO?