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 5 years ago on . Most recent reply

User Stats

1
Posts
0
Votes
Mariah Irizarry
  • Flipper/Rehabber
0
Votes |
1
Posts

Need help trying to finance my second investment property

Mariah Irizarry
  • Flipper/Rehabber
Posted

Hey everyone! I've got a unique story !. I bought my first house with an FHA loan and back in 2016 flipped it and sold it in 2018 and got $80,000 profit . I did that to buy my dream home which I currently am in now . I'm looking into buying investment property but I do not have any capital ( cash) to place for a down payment . I know i can possibly do a HELCO loan but nervous about the variable rates given our current financial situation .Any advice as too what to do ? Am I able to pull out a home equity loan from my current property despite only being there for 1 year .

Looking to start off small and safe .

End goal is to be able to buy something every year and half . I’m just having trouble figuring out how to get an investment property

Loading replies...