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All Forum Posts by: Daquille Ferguson

Daquille Ferguson has started 1 posts and replied 2 times.

Post: Cash out refi or HELOC

Daquille FergusonPosted
  • Posts 2
  • Votes 0

Thanks you everyone for your knowledgeable replys. It has help me in my decision making.

Post: Cash out refi or HELOC

Daquille FergusonPosted
  • Posts 2
  • Votes 0

I have about 300k in equity in my single family home that I have never tapped into. I want to access this equity to invest into getting a second property. With interest rates on the rise I’m trying to decide if a Heloc or cash out refi would be better. My current interest rate is 3.875%. What is the best course of action? Thank you in advance.