Hi all,
I have about $250,000 Home Equity Line of Credit from my current home.
If I want to invest and buy let's say a condo for $250,000.
Would it be better for me to get the money from my HELOC and pay off the
condo or get a loan from a lender?
Is one better than the other? which one has lower interest rate?
I am in Southern California.
Please advice.
Thanks in advance,
Al
--
I am using the free version of SPAMfighter for private users.
It has removed 57358 spam emails to date.
Paying users do not have this message in their emails.
Get the free SPAMfighter here: http://www.spamfighter.com/len
--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators
strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM
THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on
the
Newsgroup.
