Been thinking lately about using some of the equity in my house for a few projects (you know, kitchen reno, maybe finally fix that leaky roof before winter hits again, ugh). But man, the options out there are kinda overwhelming. I'm curious how most of you prefer to go about it.
Quick poll time: if you've ever tapped into your home's equity, did you go with a HELOC (home equity line of credit) or a straight-up home equity loan? Or maybe something else entirely? I've heard good and bad about both, and honestly, I'm not sure what makes more sense. HELOC seems flexible but kinda risky with variable rates and all...and loans seem more predictable but maybe less convenient?
Anyway, I'd love to hear how you guys approached it—especially if you've got any stories (good or bad) from personal experience.
