“HELOCs don’t have a positive yield.. they have a cost. You get charged the interest… it is not paid to you. The interest rate charged on an HELOC is higher than a standard mortgage.”
This analyis is biased and not universally true. If I am an investor and have a brokerage account that offers me a a margin rate then relative to the HELOC the heloc is a saving and not an expense.
If I am comparing it to a fixed rate mortgage taken out 3 or 4 yers ago then it is an expense. You are viewing this thing in a vacuum and not considering the big picture. To me that leaves your mindset closed off and gives 0 credibility to your analysys. Your are going to defend your point to the very end even if information is contrary to your point.
I am in the camp of most of the posters her ethat sure their might be some ability of this working for you but that I could probably manage this on my own without Accelerator program.
