ilmscore | Prediction Details
"let's say you're getting a 16% % return but you're paying 11% on your HELOC you're basically risking losing at all to make a 5% return"
By BiggerPockets | July 9, 2024 | Pending
From video
How to Use Home Equity to Buy Investment Property (and Retire!) 00:23:56 - 00:24:06
Interpreted Prediction
Lending HELOC money at a small profit margin (e.g., 5%) incurs a high risk of losing the entire capital for a minimal return.

Prediction Details

Topic
HELOC Lending Risk

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