Looking to spend about $150K on some land near me. I can't quite get it done with cash and even if I could we would be a little exposed for a couple years. What are my best options for financing? Goal would be to have it paid off within 2-3 years but want a longer term so my monthly commitment is lower.

I have plenty of equity in my house that a HELOC could cover it but is that a good option? I know I don't want a cash out refinance as my rate is in the 3s.

I got some preliminary quotes for a HELOC and closing costs were around $8000. That seems crazy to me but I have never done it before so I have no idea.

Appreciate it. My neighbor used one for some land he just bought and wasn't super excited but said it worked out for him. I'll check some out.