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Dec 19, 2024
5:46
:07
pm
IrishBlue
All-American
The thing is I will basically just be dumping it all on in a 6 week period.
So I'm not going to really build it up and then pay it back piecemeal.
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IrishBlue
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IrishBlue
Joined
Nov 28, 2007
Last login
Dec 19, 2024
Total posts
24,938 (190 FO)
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Messages
Author
Time
Line of credit or second mortgage for remodel work?
IrishBlue
Dec 19, 5:39pm
Line of credit is more flexible. Draw it out pay it back. Repeat.
Iman23
Dec 19, 5:40pm
The thing is I will basically just be dumping it all on in a 6 week period.
IrishBlue
Dec 19, 5:46pm
if you’re going to pay it off in four years, I think a heloc. If it is going
johnnybyu
Dec 19, 5:44pm
heloc's are often done without fees, so even with a higher rate, you might be cheaper to go that route.
IdahoCoug
Dec 19, 5:49pm
I was wondering about that. I guess I'm not sure where rates are truly at.
IrishBlue
Dec 19, 5:56pm
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