Currently a HELOC is about 4.5% i think. If I pay them 6 % there won't be a year end bonus, I'm taking all the risk and they have almost a risk free arbitrage.
If I want to incorporate friends money into my trading but don't want to go through all the hassles, is it possible to take their money in form of a private loan?
I'm feeling fairly confident in my trading and would like to add capital but I don't want any overhead when it comes to monthly...