Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago on . Most recent reply

User Stats

61
Posts
86
Votes
Rebekah Keller
  • Investor
  • Detroit, MI
86
Votes |
61
Posts

NEXT STEPS? after HELOC

Rebekah Keller
  • Investor
  • Detroit, MI
Posted

Hi BP! 
I am trying to put together my next step. I took out a HELOC, used that to rehab 2 duplexes that were purchased in cash, also another turnkey duplex that I purchased in cash. They have been rehabbed and most units rented.... SO my question is... what would you seasoned investors recommend I do as my next step? I have some confidence now and am looking to quit my job since I have replaced my salary with the rent. My properties are in Detroit and I have not been able to find a lender that does refinancing on rental properties...


What would you suggest my next step? I was thinking finding a small multi-family that I can get a mortgage on? But I am looking for direction and advice? 

Thank you everybody!

Loading replies...