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Updated about 2 years ago,
Those with HELOC running numbers on dealcheck
I was wondering how to run the numbers with a heloc. If I use for example $100k of the HELOC @7% should I not Refi? Because if the refi at 25% level I'll still have to pay off 25k in the heloc. And start paying down the refi loan. Or wait I don't count the refi loan since the tenant is paying it. 🤔 I think I answered my own question right?! Haha also, how do you guys run the heloc numbers on dealcheck for those who use it.