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Updated about 1 year ago,

User Stats

338
Posts
76
Votes
Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
76
Votes |
338
Posts

All in One HELOC (Advantages)

Nathan Frost
  • Rental Property Investor
  • Wichita Falls, TX
Posted

Hi, I am about to close on an AIO HELOC. Anyone have one and let me know the way to ultimately take advantage of it? Would it be smart to put all my rents and paycheck into the AIO to pay down the loan as fast as possible?

Currently, I have my personal bank and LLC bank (rentals). However, it seems smart to put all my rents and paycheck in there so the balance goes down and I pay less interest. Than the mortgages and bills can be pulled from the AIO as need be. Any advice or tips on how to take advantage of the AIO?

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