Portfolio loan vs. home equity
I have a 2 condos in my investment portfolio and I am acquiring another one. These have no mortgages. At this point I am thinking of either get a portfolio loan on them or take out more from my home equity. Just from the point of view of cost (of acquiring the loan), portfolio loan is more costly. What other things do I need to consider in order to choose between the 2 of them? The home equity has a better rate. Thank you.