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  1. M

    Equity Line of Credit

    Thanks for the replies. The reason for the possible income drop is that I am looking to leave my job to ramp up a work from home business. The resulting income (in the short term) would be lower than our current total. The $10k/month does not include the $36k/year rent we receive from...
  2. M

    Equity Line of Credit

    A few months ago, I had posted for some opinions on the advs/disadvs of selling our IP which used to be our PPOR (we have just hit the 6 year mark). I am now thinking that instead of selling, I should get some equity out of the property into a LOC. At the same time, will request a LOC against...
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