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Updated over 8 years ago on . Most recent reply

Account Closed
  • Rental Property Investor
  • Raleigh, NC
21
Votes |
50
Posts

HELOC banking and education

Account Closed
  • Rental Property Investor
  • Raleigh, NC
Posted

Hi Everyone, So I am trying to get a HELOC to use for my first property investment. I have called some banks and the fees are never-ending; Interest rates are high but from what I understand it is like a credit card and only accumulates from the daily balance so if I pay more than one payment a month I can get somewhat ahead of some of the interest.

My actual question is: does anyone know of a Bank/Credit union with the best rates and terms  

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