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Updated over 2 years ago, 04/18/2022
Refinance vs HELOC? which one and why?
Hi everyone. My names is Andrea and looking to see what people are currently doing in regards to pulling your money out to move on to the next property. Just did a rehab I already on a property that has 2 homes in one lot and I am debating if I should do a HELOC or a refinance since interest rates are going up and will continue to go up with in the next months.
Also interested to get leads on financial institutions which you have use for either refinance or HELOC. What LTV did you get?
Thanks in advance .
Andrea