All Forum Posts by: Dan Leaman

hello biggerpockets community,  I am looking for information regarding Heloc's on rental properties.

Who offers them?

Pitfalls I should be aware of?

Helocs vs cash out refinance?

I own property outright have a solid tenant and I have equity sitting there staring me in the face daring me to use it somewhere else.  I am looking for options that do not require selling my unit. 

Any heloc specialists here?

Many thanks in advance.

thanks guys for your responses and information, what a great help. 

Dave I will look into the things you said. 

Ill let you all know how my progress goes.

Hello world, My name is dan I am new to this site heard of it for a while but first time on.  I have one rental and am weighing the options to increasing my portfolio of investments properties.  I am seeking advice re: seller financing vs lease to own option.  My renter wants to own the property but has issues with financing.  I am looking to 1031 this thing into other properties hopefully closer to my current home in CA. My question is regarding setting up owner finance note. I am willing to learn anything but seems like with so much out there i am having an overload of information problem.  Analysis paralysis.