How`s your house pricing doing?..

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mimico_polak said:
Never heard of FROs...but will look into them now.

Thinking of either a mortgage / HELOC on the cottage.
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It sounds like FRO operates similar to a mortgage but easy to spin up from within a HELOC. Borrow money from HELOC to do renovations, convert to FRO to save on interest. Rinse and repeat if you want. Mortgage has the ugly upside to being one and done so you may end up with extra capital incurring interest that you don't need on day one.
 
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