Home Equity Line Of Credit
This year I ran up about $70k in lines of credit doing upgrades and renovations to 3 properties that now cashflow. I own two of the properties and they both have over $100k in equity. I would like some guidance on the best way to access the equity so I can put all of the lines of credit under one affordable payment. I have been doing some research and it looks like a HELOC would be a good move.
If there is someone familiar with HELOCs in North Carolina I would greatly appreciate some advice and viable courses of action.
If there are other options to help me get in front of this situation before the credit card interest bleeds me out I would appreciate that feedback as well.
Thank you.