Advice please!
I'm looking to purchase a small invest property. For a down payment, I'm weighing to either refi or Home Equity Line of Credit. With the Home Equity I
ll save about 3k as there's no closing costs like there is with a refi. Is there any downside with home equity? Olbviosly the terms are 10 years verses 30 year but other than that are there any other things to consider?