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20
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4
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Cris Johannsen
  • Real Estate Agent
  • Yucaipa, CA
4
Votes |
20
Posts

HELOC versus cash out refi?

Cris Johannsen
  • Real Estate Agent
  • Yucaipa, CA
Posted

Hello all,

Looking for ways to use the equity I have in properties I own and have as rentals. I am refinancing out of hard money loans anyway and my income from the rentals with the lower interest rates will cover the additional payment. Any benefit between a Heloc or cashout? Thanks!

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User Stats

14
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15
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Brian Ellefson
  • Banker
  • Perth, Australia
15
Votes |
14
Posts
Brian Ellefson
  • Banker
  • Perth, Australia
Replied

Interest deduction on taxes if using a HELOC.

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