Home Business & Finance My rental property is paid off, but I need cash. Is this...
Business & Finance

My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?

My rental property is paid off, but I need cash. Is this a bad time to take out a $50,000 HELOC?
Key Points

The Federal Reserve announced a quarter-percentage-point interest-rate hike Wednesday, to a range of 3.75%-4.0%.

The Federal Reserve announced a quarter-percentage-point interest-rate hike Wednesday, to a range of 3.75%-4.0%.
HELOC (ORG) The Federal Reserve (ORG)
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