I'm considering on using an HML for my first property. Their interest rate isn't any worse than what I'm already under for my car loan from Capitol One(13%). Plus the good thing about this will be that I'll be able to make money off of it with a lease to own after I've bought it. At least that'll be my cash flow for the moment. So I'll be able to pay off the loan within a short time frame as well as generate extra income for my family and I. I'm actually seriously thinking of doing the HML's route for several deals I have in mind that are actually cash cows waiting to be had.
What's your opinion on this?