Published On May 19, 2021
This video explains the difference between a line of credit and a refinance.
Chandlerdavids David Smith has been investing in real estate for the last eight years. He’s done multiple refinances and has multiple lines of credit. In this video, Chandler discusses which option is best for you. He explains that a line of credit gives you quick access to money with minimal fees. However, a line of credit has changing interest-rate ‘s. Refinancing your property is a better option for long-term money because the interest-rate is fixed for a longer period of time. Chandler talks about these pros and cons and more in this video. If you’re trying to decide whether you should get a line of credit or refinance your property this video is for you.
#Refinance #Lineofcredit
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