有幾個原則.

rapidestate has already described 3 different financing methods to buy houses.  Please read.

http://bbs.wenxuecity.com/tzlc/1241287.html

My approach is the following:

1.  never use HELOC for long term financing!  HELOC money is very liquid, that can help you to bid on houses that you like and you don't have to wait for the money.  But HELOC rate is an adjustable rate and it will go up and down based on prime rate.  In current rate normalization period, we will expect the HELOC rate going up more for the next 2 years.  

2.  once you get the house, you should look for a way to pay back the HELOC asap since the HELOC adjustable rate will add more unknowns to your house expenses. 

To pay back the HELOC, you have several ways.  1. is to convert the HELOC amount to a fixed rate loan by using Home Equity Loan. or 2. if you have a house with more equity than the mortgage, you can refinance the mortgage with cashout option and use the cash to payoff your HELOC.

The bottomline is to max your buying power to acquire more rental properties and at the same time to fix/control your interest rate expenses in your rental business.

 

 

所有跟帖： 

• 謝謝，很清楚。那麽如何理解你在另外一個帖子回複的隻付hol 利息的方案？ -Padawan- ♂ (0 bytes) () 04/01/2018 postreply 07:22:28

• 我沒要講過，那是老朽兄講的，但我知道他為什麽這麽講？ -hhtt- ♂ (1294 bytes) () 04/01/2018 postreply 07:43:40

• 明白了，你們所說的隻是一個過度方案。但是在有錢時還是要把heloc裏欠的錢盡快還清 -Padawan- ♂ (0 bytes) () 04/01/2018 postreply 07:59:39

• 對，有錢就還，還到一定程度又有筆錢隨時機動可用。 -老朽- ♂ (0 bytes) () 04/01/2018 postreply 12:17:20

• 比較穩妥的策略。倒是讓我想起國內的按揭貸款，都是浮動利率的。這個systematic risk 是不是更大？ -艾克- ♂ (0 bytes) () 04/01/2018 postreply 10:45:18

• 艾克兄，好多國家沒有固定利率按揭, 所以這買房的人一個月能下幾次館子，都要看下個月的按揭利率。 -hhtt- ♂ (0 bytes) () 04/01/2018 postreply 11:42:27

• 是的，固定利率減少了一大不確定因素。 -艾克- ♂ (0 bytes) () 04/01/2018 postreply 12:44:37