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The 25 Best Sunbelt Markets for Cash Flow—And a Closer Look at the Top 4
Jazz icon and Los Angeles native Roy Ayers once famously sang, “Everybody Loves The Sunshine.” Never have truer words been said. The Sunbelt states are having their moment in the (ahem) sun, with […]
Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details
In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall: […]
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Creative Real Estate Financing
HomeForumsCreative Real Estate FinancingHELOC or cashout trying to figure out
Ewka Kawecki's profile image
Ewka Kawecki's profile image
Ewka Kawecki
  • Member since Dec 8, 2022
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Ewka Kawecki's profile image
Ewka Kawecki's profile image
Ewka Kawecki
  • Member since Dec 8, 2022
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Ewka Kawecki
2
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9
Posts
Creative Real Estate Financing

HELOC or cashout trying to figure out

Ewka Kawecki
Posted Dec 13 2022, 22:21

I want to purchase another propery, I'm wonder is better strategy to take HELOC (current rates 7%) from personal property or cash out from rental property. (Current mortgage rate on rental property is 3.25% after refinance will be 5.25%). What is your opinion?

Hammond, Indiana
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