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All Forum Posts by: Karla Castro

Karla Castro has started 1 posts and replied 1 times.

Post: HELOC in 1st or 2nd position?

Karla CastroPosted
  • Rental Property Investor
  • Walnut Creek, Ca
  • Posts 1
  • Votes 0

Has anyone done the "Sweep Strategy" (aka: Velocity Banking, etc.)? If so, do you feel it is best to refi into a 1st position, fixed rate HELOC, or to keep your 1st mortgage as-is and take out a HELOC?

Did you use any specicif software to help calculate this?