Home equity loan for investment propertyHello, I am cash poor right now but have a fully paid off home estimated at about 1.3mil. I would like to take out a home equity loan to purchase an auctioned house for appreciation and rental income. What kind of loan should i be looking for? Variable or fixed rate if I am planning to hold around 6-8 months. Thank youJuly 05 2012 - US0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.