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All Forum Posts by: Evan O'connor

Evan O'connor has started 1 posts and replied 2 times.

Creative Real Estate Financing

Post: Should i use a HELOC or home equity loan? please help

Evan O'connorPosted
  • Posts 2
  • Votes 0

OK let me just make sure I understand you correctly. You're saying that because interest rates now are so low now that there's not much advantage when using a HELOC? or the other way around?

0 Votes
Creative Real Estate Financing

Post: Should i use a HELOC or home equity loan? please help

Evan O'connorPosted
  • Posts 2
  • Votes 0

I own a house completely paid off and I wanna use the equity to fund my next property. I'm not sure whether to use a HELOC, home equity loan, or a cash out refinance. I thought a HELOC would be the best path but I was told from a few who don't invest in rental properties very much that a loan is better. I would love direct advice from a professional or anyone who has experience with this.

0 Votes