All Forum Posts by: Vera B.

Can anyone recommend a bank in florida that offers HeLoCs on rental properties. Cannot do PendFed.

Need a referral for a small job

At what point do you suggest we open a holding company (e.g. Wyoming). One real estate lawyer suggested it wasn’t worth doing unless you have a 100+ properties. And that it would be way to costly. Thoughts?

I just called suncoast and citizens and they said they don’t do HELOCs on investment properties. Nor have they ever.....

@Frankie Woods I called them and you have to military or former; or an immediate family member.

@Stephanie Irto that’s a stipulation they have. No more than three properties under your name

I don’t own more than three properties. However PenFed never did ask me for my tax return. It literally was an application, last pay stub, purpose of the loan statement, property tax statement, and having them added to the insurance. That is it!

I have a partner who is now asking me if they should apply. They own four properties free and clear. Will PenFed find out?

Where are the original Detroiters being displaced?? Which areas are seeing the biggest population growth bc of this displacement?

@Matt Moylan thanks !

Will this ask raise my premium with my property insurance company? Thx!