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All Forum Posts by: Maxwell Hines

Maxwell Hines has started 1 posts and replied 3 times.

Private Lending & Conventional Mortgage Advice

Post: Do HELOCs make any sense right now?

Maxwell HinesPosted
  • Posts 3
  • Votes 1

Figured that'd probably be the case.  Ty sir


When would a HELOC ever make sense??

0 Votes
Nashville, Tennessee
Short-Term & Vacation Rental Discussions

Post: Fed cuts rates by .5%

Maxwell HinesPosted
  • Posts 3
  • Votes 1

Economy is fine.  The uncertainty and worry is more so with the labor market than inflation (fed dual mandate) hence the 50bp cut.  Bond markets had 50bp cut at 60% odds before the announcement.  It's not a big surprise by any means even if 40% of people assumed 25.  JPowell might land this thing...he may not.. will continue to look at the data as he's said forever but looks like they've got eyes on labor

1 Vote
Private Lending & Conventional Mortgage Advice

Post: Do HELOCs make any sense right now?

Maxwell HinesPosted
  • Posts 3
  • Votes 1

I have a good bit of equity within my home (~450k). I am considering getting a HELOC to pull 75-100k for a 25% downpayment on a rental property. Awaiting an answer from my banker on what their current rate is on a HELOC (smaller local bank that tends to be investor friendly).. curious what thoughts are on HELOCs in general right now for such things?

0 Votes
Nashville, Tennessee