PSA in entirely personal capacity: if you are a small business with a credit line and you think you may need it, you may want to draw in advance of need to maintain optionality. Some lenders are actively reducing their books due to the perception that credit quality is impaired.
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On the same topic, have you ever written about 15 versus 30-year mortgages? I've found that the short-term people value not having debt above anything else, even if it's the opposite of "cash is King".
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I haven't. I try to generally stay away from personal finance topics except insofar as they're relevant to my weird hobbies and/or those places where the standard advice is materially inaccurate for software people.
End of conversation
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My HELOC got shut down the second it was paid off in the 2008/2009 time, despite being an excellent and consistent customer - Wells Fargo - and that was in the 94025, if you want to think of relative quality of real estate.
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