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Updated over 1 year ago on . Most recent reply

User Stats

80
Posts
53
Votes
Shane Elias-Calles
  • Developer
  • Orange County, CA
53
Votes |
80
Posts

Fixed Rate Home Equity Loans

Shane Elias-Calles
  • Developer
  • Orange County, CA
Posted

Hello BP,

Does anyone have experience using a fixed rate home equity loan on a primary residence to purchase more property? If so does anyone have an opinion on the risk reward of this strategy? 

Would it be worth  taking the fixed rate loan and buying an out of state property with that cash assuming it would fund the whole purchase? 

Thanks

Shane

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