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Updated almost 2 years ago,
NEED HELP WITH HELOC OPTIONS ON WHICH TO CHOOSE
Should I do a HELOC that has a fixed low rate (5.875%) that doesnt have an option for interest only payments, or a Variable rate HELOC (prime 8%) that has an interest only payment option...i would like to use the funds primarily for sydnication deals or possibile BRRR if the numbers check out. What are you thoughts?