Quote:
Originally Posted by Alvinized52
True... i could do a cashout refi. However, my first mortgages are all currently at 3.5% rate..which i dont want to loses. And im only using the helocs temporarily to flip houses... 3-4 mos tops at a time.
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have you gotten a heloc on a rental yet? i've read that its tough. 3.5% is a great rate for a rental. i wouldn't want to get rid of that either.