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Updated almost 3 years ago, 02/03/2022

User Stats

11
Posts
3
Votes
Andrew Atakpo
Pro Member
  • Financial Advisor
  • Lakewood, CA
3
Votes |
11
Posts

HELOC's make sense currently

Andrew Atakpo
Pro Member
  • Financial Advisor
  • Lakewood, CA
Posted

Hi Everyone!

Had a question on thoughts on if it makes some sense to do a Heloc to leverage some dollars for an additional rental property purchase?

I have about $200k in equity in my primary residence and am wanting to do something with it if possible. I just refinanced about 6 months ago as well for 2.8% rate, otherwise would look at a cash out refi.

Any options or thoughts are much appreciated!

  • Andrew Atakpo
  • Loading replies...