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Updated almost 10 years ago on . Most recent reply

LInda DuChene's profile image
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LInda DuChene
  • from Beverly Hills, MI
  • Member since Mar 21, 2013
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LInda DuChene's profile image
LInda DuChene's profile image
LInda DuChene
  • from Beverly Hills, MI
  • Member since Mar 21, 2013
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LInda DuChene
  • Beverly Hills, MI
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Private Lending & Conventional Mortgage Advice

HELOC loan terms - best way to go?

LInda DuChene
  • Beverly Hills, MI
Posted

We're considering the purchase of our first buy and hold rental investment property using a home equity line of credit.  What is the best way to go? 1) Variable rate loan  2) Interest only lock for 3,5 or 7 year term or 3) A traditional principal and interest lock? 

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