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Updated over 2 years ago,

Taelonn Harper's profile image
Taelonn Harper's profile image
Taelonn Harper
  • Real Estate Agent
  • from Columbus Ohio
  • Member since Mar 22, 2019
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User Stats

33
Posts
10
Votes
Taelonn Harper's profile image
Taelonn Harper's profile image
Taelonn Harper
  • Real Estate Agent
  • from Columbus Ohio
  • Member since Mar 22, 2019
Connect
Taelonn Harper
  • Real Estate Agent
  • Columbus Ohio
10
Votes |
33
Posts
General Real Estate Investing

Opening a HELOC on Home!

Taelonn Harper
  • Real Estate Agent
  • Columbus Ohio
Posted

I have a property with a lower ARV, but I want to open a HELOC on this property and have the funds on standby for when a good deal comes along.

This deal is based out of Ohio. 

Do I have to pay interest on my HELOC loan if I just have it on standby, but not using it?

Also, where can I get the best rates for my HELOC loan?

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