u/Alone_watching

good afternoon,

I am looking to take out a home equity loan. I will share my current situation to share a clear picture of why this is the direction.

I currently own a townhouse. It does not have a mortgage on it and I bought it outright in cash so it never had a mortgage. If I sold it right now, I probably could get 300k but likely more but let’s just put it on the minimum side. Two whole baths & 1/2 bath. two bedrooms upstairs and one bedroom/office space in the basement. I am not looking to sell it. I am planning on putting a renter in it.

I want to buy another townhouse. Right now I have about 100 K in savings but soon it’ll be closer to 120k.

I want to borrow 150k. The rest of it I will pay in cash to buy another house so that I don’t have to use a mortgage.

Are there better options? I am a business owner so I would prefer to not get a mortgage. I also strongly prefer owning a house outright rather than having a mortgage so I would prefer anyway to borrow money that is safe such as a home equity loan.

edit: I am not trying to get a HELOC. I’m trying to get a fixed loan. I also do not qualify for a traditional mortgage only a bank statement loan and the rates are pretty high and so it’s very close to a fixed loan so that’s what I’m trying to figure out.

i have two monetized channels and i get harassed multiple times daily. derogatory things, calling me a b-tch, making fun of me ect. and i guess i dont necessarily mind if it just is limited to that but i always have a fear one day someone will show up to my house to try and hurt me since i am a licensed provider and my information can be found online. I keep trying to remove it, but it doesn’t get removed.

I genuinely don’t understand how people can get so angry about a YouTube video to the point of such harassment. Some of them will make assumptions about me and that will make them angry, but other comments are things like my eyes make me look manipulative or my hands make me look evil, even though I’m just talking about information and trying to be helpful.

I think for me the intensity of these comments make me feel like maybe one day someone will snap even if I don’t respond or do anything many people repeatedly comment about things about me, even though I’m not doing anything but making a video.

My videos are about mental health since I am a mental health provider so maybe that is part of it.

Is there anything I can do?

i just want to know im not alone. i dont want to quit. i doubt myself almost every day now. i have side income and i fully paid off house but still doesnt mean i worry