Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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.
General Real Estate Investing
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 almost 4 years ago,

User Stats

6
Posts
3
Votes
Adrian Balderas
  • Rental Property Investor
  • Burlington, IA
3
Votes |
6
Posts

I’m running into problems.

Adrian Balderas
  • Rental Property Investor
  • Burlington, IA
Posted

I'm trying to start investing 29 years old and my wife is 26. We have some debt under us we also have some equity. Brandon gave me the idea to get a HELOC instead of a cash out option on our refinance. Well local bankers have said to do a commercial line of credit opposed to a HELOC. House will be appraised for the line of credit. However, when we bought the house since we bought so low they had a hard time appraising it due to the amazing purchase price. The appraiser at the time said houses like ours range from 115,000- 125,000$. I feel like every time I turn around I feel as if I'm just getting shot down and shot down in the investing side of real estate. Any guidance would be great.

Loading replies...