1st post on BP: HELOC

[Amrik Basi]

Hello BP: This is my first post on BP and am looking forward to gaining some valuable insight from the community. We recently purchased our primary residence with a HELOC and wanted feedback on how to invest surplus cash (~$1100 per month). Should we focus on paying down the HELOC or invest in aggressive funds or real estate rentals? Sales price: $785K 10% down/equity: $79K 1st fixed @ 4.375% = $562K = $3800 per month HELOC variable @ 5.24% = $640 per month