Is a HELOC the best option for me to pay for century home repairs?
We need brick tuckpointing, foundation tuckpointing, shingle and flat roof replacement, cornice repair, hot water heater, etc. Only have a couple estimates on a couple of these things so far. I'm thinking $60-80k needed. We have good credit and maybe $280k equity on home. Not a fan of variable rates in general, but we have investments to back us up in an emergency. Is a HELOC a good route to take? Or is there a better option?
u/MikeTheVike — 13 days ago