[dmcummins]

Ive used a home equity line a few times in the past. Only because I could go to the bank and get the money that day. Some times you come across a deal and need the cash quick. Transfering money from my brokerage account usually takes a few days for the money to clear.

Ive never paid more than a month's interest though. I havn't used it in years, my house is paid for, but I still have the line of credit on it. But the interest rates are like 8% the last time I got a notice on it.