Updated over 8 years ago on . Most recent reply
HELOC fixed or adjustable?
Which one is better in the long run?
Most Popular Reply
Thomas S.
#2 General Landlording & Rental Properties Contributor
#2 General Landlording & Rental Properties Contributor
Get a HELOC for 200K and buy, with minimum down, as many multy family properties as you can. If you are looking at paying cash for SFHs you will always have negative cash flow based solely on the opportunity value of the equity. You can not buy true cash flow .
As for the question, fixed or variable.......historically variable has always out performed fixed rates.