Which kind of HELOC to get?

[Alan Davidson]

I want to go down the path of using a HELOC to get my first property. My question or concern comes in knowing which HELOC to get. The first is a variable rate with no option to switch to a fixed rate? Or the second option is a variable rate with an option to switch to a fixed rate?

The math is easy on this. What I'm looking is those investors who went one route or the and wished they had went the other route. Or was happy with the type of HELOC they took.