All Forum Posts by: Bhargav Joshi
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Post: What is better investment property high rate HELOC or lower rate cash out refi

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I have a townhouse in College Park, MD which was paid with cash, I would am building a vacation home looking for adding finance. Townhouse is a rental with yearly leases
1) Option 1 is a high interest rate HELOC on the townhouse, with low closing cost
3) Option 2 a low interest rate Cashout refinance, with high closing cost that includes transfer taxes and points