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All Forum Posts by: Patrick Williams

Patrick Williams has started 1 posts and replied 2 times.

Starting Out

Post: HELOC on Investment property

Patrick WilliamsPosted
  • Posts 2
  • Votes 0

Appx 900.00 a month. 

0 Votes
Dayton, Ohio
Starting Out

Post: HELOC on Investment property

Patrick WilliamsPosted
  • Posts 2
  • Votes 0

Newbie here, I currently own a rental worth 200,000, bringing in 1200.00 a month, and its paid off. I wanted to obtain a HELOC, for down payments on additional rentals but is proving difficult. Is it more beneficial to get a cash out refi. at a fixed rate or just sell it and use proceeds for additional properties.

0 Votes
Dayton, Ohio