Choosing between a HELOC vs. home equity loan is a big decision. HELOCs have variable interest rates and home equity loans have fixed rates, but that’s not the only difference.
Check out how they compare to see which makes the most sense for your real estate business.
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Feb 2021
170: Finance Friday: Trading Debt for Cash Flow and Liquidity with Teacher Erik
Erik and his wife have three big debts to tackle: their mortgage on their primary residence, their mortgage on their rental property, and a HELOC (home equity line of credit) taken out as the down payment for their rental property. So, which debt should they tackle first?
As two ... Show More
1h 16m