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Updated over 8 years ago,

User Stats

99
Posts
33
Votes
Jason Eberhardt
  • Investor
  • Pueblo, CO
33
Votes |
99
Posts

30 year Refi or line of credit ?

Jason Eberhardt
  • Investor
  • Pueblo, CO
Posted

Hey BP, so i have a rental property that i am going to leverage so i have the cash to buy another one at some point, as soon as that good deal comes up. 

My question is this. what loan is best, a line of credit or a 30 year mortgage ? i have done this is the best using 30 years, but now i have been reading so much on BP, i would like to look at all my options. 

Can anyone tell me more about the line of credit ? i know a little more about the 30 year loan, like 70% LTV and the whole closing cost % and the terms. any helps would be great thank you.

Jason. 

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