Michelle is a licensed real estate broker-owner and COO of a global investment firm that specializes in infrastructure financing. Her expertise is featured throughout Fit Small Business’s real estate investing, property management, and rental property content. Home Equity Line Of Credit (HELOC) is a revolving line of credit collateralized by your home. The maximum limit for a HELOC is based on the amount of equity in your home and typically will not exceed 85% of the home’s value. HELOCs have relatively low interest rates, with current rates starting at 5.25%. The low rates of a HELOC make an equity ...Read more
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