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Michael McCarthy
  • Rental Property Investor
  • Oswego, NY
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Sweep strategy with HELOC?

Michael McCarthy
  • Rental Property Investor
  • Oswego, NY
Posted Jul 15 2018, 09:39
I have two rentals that I bought in the last year, both purchased under a HELOC. I just refinanced one. After reading @davevanhorns email mentioned paying down mortgages with sweep accounts. I can't find much information about it in detail. Do I transfer my rent that I get each month onto my HELOC and then pay the bills from that. What is the best strategy here?

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