All Forum Posts by: Vera B.

Someone found me on Bigger Pockets saying they are a private lender. How do I protect myself so that I don’t get scammed? What should and shouldn’t I do?

@Kyle J. https://www.biggerpockets.com/blog/2013/06/21/investment-property-loans/

@Scott MacDonald very sure. Guests on the podcasts always mention 75-80%. Take a look at this from Brandon https://www.biggerpockets.com/blog/2013/06/21/investment-property-loans/

@Benjamin Piecenski great advice thank you!

@Lexi Teifke yes and nearly all don’t do HELOCS on investment properties.

Hello all!

I don't understand how on the podcasts and other investors keep talking about this 80% LTV helocs. As a rental property I have called a couple dozen banks and either they don't finance rental properties or if they do, it's in the 60% range. Are investors calling these homes second homes or personal homes to get this 80%?

Pros? Cons?

@Kerry Baird awesome thanks!!

@Bala Apparao which local banks in Detroit recommend to refinance my rental property?

@Chris Mason thanks!