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Updated over 9 years ago on . Most recent reply

F M's profile image
F M's profile image
F M
  • from Culver City, California
  • Member since Jan 12, 2014
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F M's profile image
F M's profile image
F M
  • from Culver City, California
  • Member since Jan 12, 2014
Connect
F M
  • Culver City, CA
0
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2
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Starting Out

Loan

F M
  • Culver City, CA
Posted

Hello BP,

Newbie here. Looking to buy my first rental property (buy and hold). What are the advantages (or disadvantages) of using the home equity line of my primary residence compare to trying to get a regular 30yfixed loan for the rental property? I already have enough in cash to pay for the down payment of the rental property.

Thank you!

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