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Updated almost 2 years ago,
HELOC is killing me
Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It's at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have only paid off 2k because the interest is so high. Anyone have any tips I don't know about about how to restructure this or pay it off with private money or anything! Please help!
Thanks!