Fix rate for home equity loan

[Max Sa]

Hi BP! I've accidentally got into RE by renting out my first house a few years ago. Seems like a great opportunity to get to financial freedom. When it comes to accumulating funds for down payment etc. Save cash. borrow against 401K (restrictions based on the provider). Hard Money. re-fi (closing cost $). Home Equity -  I don't particularly like the variable interest rate swings. Is anyone aware of a fix rate Home Equity Loan on the real estate property used as a collateral? Any other sources? Any help is appreciated! Max  

[Caroline Moore]

So I actually just took a HELOC out on my property that has two products in one. You are allowed to take funds out of your HELOC and then lock in at the current rate for a fixed term loan (I think up to 15 years). Mine is through a local credit union. I would look into your local credit union's products.