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Updated over 8 years ago on . Most recent reply

Rob Jones's profile image
Rob Jones's profile image
Rob Jones
  • Rental Property Investor
  • from Raleigh, NC
  • Member since Jan 2, 2016
Connect

User Stats

109
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59
Votes
Rob Jones's profile image
Rob Jones's profile image
Rob Jones
  • Rental Property Investor
  • from Raleigh, NC
  • Member since Jan 2, 2016
Connect
Rob Jones
  • Rental Property Investor
  • Raleigh, NC
59
Votes |
109
Posts
General Real Estate Investing

3.3 Million HELOC's getting ready to reset

Rob Jones
  • Rental Property Investor
  • Raleigh, NC
Posted
I was reading this article this morning and thought I'd share it with the subject matter experts on the forums. It looks like about 3.3 million HELOC's will be resetting to fully amortizing loans over the next couple of years, more than half of which are on underwater homes. I'd love to hear everyone's thoughts on the micro and macro impact of this! http://realestateinvestingtoday.com/3-3-million-helocs-scheduled-reset/
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