I have $40k home equity loan on a rental property with a $0 balance, 10 year pay off at fixed 7% (high because it’s a legit rental) when I start using it I’d be paying ~$500/m or so on payback
I’d like to find a safe way to invest it onto something else that can carry its burden. Any thoughts? Another rental would be great but think I’d need to put in a good deal more cash. What have others done in this scenario
Submitted November 23, 2018 at 02:30AM by alterboy554 https://ift.tt/2r1V0id
