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Updated over 10 years ago,

Daniel B.'s profile image
Daniel B.'s profile image
Daniel B.
  • from Rochester, Arizona
  • Member since Mar 17, 2014
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Daniel B.'s profile image
Daniel B.'s profile image
Daniel B.
  • from Rochester, Arizona
  • Member since Mar 17, 2014
Connect
Daniel B.
  • Rochester, AZ
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Personal Finance

Equity Loan

Daniel B.
  • Rochester, AZ
Posted

First time buyer. I have an equity loan line of credit. Do I use it as a down payment for a larger home or purchase a smaller home outright and have interest only payments for 10 years? I am looking to buy and hold.

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