All Forum Posts by: Josh Michael

@Andrew Postell the only uncertainty about the heloc is the adjustable rate,not really crazy about it, but yes I was considering buying a multifamily and using the equity in my current home. I've also seen people who have a heloc to pay off their current mortgage because you pay less in interest.

Heloc or home equity loan? Pros and cons to both and why choose one over the other.

@Sarah Brown thanks I appreciate the input

As a current home owner, I've been considering buying a multifamily property for 3 years now. The real estate market in my town is really hot and most properties don't even hit the market. I need at least 25% down, should I wait to have the full 25% or should i take a line of credit on my home for the down payment?? Any advice is helpful Thanks!!