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Updated over 2 years ago on . Most recent reply

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76
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Martin Guerrero
  • Lake Geneva, WI
27
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76
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HELOC Rates and investment opportunities

Martin Guerrero
  • Lake Geneva, WI
Posted

Thoughts on using HELOC for downpayments on new investment properties? Also would asking for 25K @1.5% interest be better than asking for 70K at 6.1% interest or is it better to ask for the higher amount incase a good investment opportunity comes up??

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User Stats

76
Posts
27
Votes
Martin Guerrero
  • Lake Geneva, WI
27
Votes |
76
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Martin Guerrero
  • Lake Geneva, WI
Replied

@Corby Goade thank you for your response yes makes sense.  Heloc would be on a personal home so I tend to be a bit more cautions on that :)

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