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Should I Refinance a 30 Year Fixed Rate Loan or Do Home Equity Line of Credit?
In this video, we discuss whether you should refinance a 30 year fixed rate loan or do a Home Equity Line of Credit (HELOC). It really depends on your existing interest rate and the current rates.
If you can get locked into 30 years with a low rate, that's the way to go. You want to reduce your risk by having more leverage (debt). The higher loan balance offers protection. It may seem counterintuitive but watch more videos to learn the context.
We also discuss 1031 Tax Deferred Exchanges. If your a rental property investor, look into that.
Lastly, we talk about the GO Zones and the main problems with it.
Watch the full podcast episode here: https://www.jasonhartman.com/cw-1297-portfolio-reviews-cash-out-refis-helocs/
Learn More: https://www.jasonhartman.com/
Have questions or topics you want me to do a video on? Let us know in the comments below.
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