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10 June 2024 | 22 replies
Yes, you can do HELOC but not want to dive into the nuancesI would rather be Avatar 1 that leverages debt by purchase rentals consistently for low down vs tying up cash into 1 house hack at 20% down.Backing in my answer with actual case studyI recently put together a case study of one our clients that has done this every year consistently since 2016 and is now on his 7 house hack.
7 June 2024 | 10 replies
To finance the remediation we took out a HELOC to the tune of $70k with a bit of money from insurance (another saga) ... paying $600 month interest only on HELOC.The house was just appraised at $514,500.
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7 June 2024 | 21 replies
Or is it better to wait out the seasoning period with your loan balance (I used a HELOC so no hard money lenders or balloon payments) and just refi out in 6 months?
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5 June 2024 | 6 replies
Has anyone found success with obtaining a HELOC on an investment property located in Denver?
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5 June 2024 | 2 replies
I'm considering using a heloc to fund a fix and flip.
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7 June 2024 | 2 replies
Wouldn't you be in at least the same place after it was rebuilt (barring changes in he local market I would guess the value of the property with an newly built house to be greater than before)
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7 June 2024 | 3 replies
@Joseph Chiofalo has some great nationwide STR investment loan products and fixed rate second/Helocs for investors loans clients tapped into recently.
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6 June 2024 | 2 replies
Claudio,A few things to consider when deciding on a Heloc versus a Cash out refinance on a primary home.
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4 June 2024 | 7 replies
Hi there,Does anyone know of a lender that will do a HELOC on a rental property in IL?