Chi Sastry
Sub-To mentorship/education or mastermind options...
12 November 2024 | 11 replies
It’s flexible and can help you fund deals quickly.Lease Options: Similar to “rent-to-own,” you control a property with minimal upfront costs and can potentially get a cut of the appreciation if you decide to buy it later.Lines of Credit: If you already own a property with equity, a HELOC or business line of credit can give you accessible funds for down payments or renovation costs.House Hacking: This might sound basic, but if you haven’t tried it, it can be a fast track to building up rental income and experience without a ton of cash down.
Cole Carmack
[Calc Review] Help me analyze this deal
7 November 2024 | 4 replies
If you are buying it using seller carried you might be able to use a HELOC to pull out some of the equity but not sure how the refi.
Ian Stedman
75k HELOC strategy for investment
31 October 2024 | 3 replies
What would be the best use or strategy with a 75K HELOC to fund an investment property?
Tanya Maslach
Down payment options
5 November 2024 | 2 replies
Hi all,We have been dealing with a really bad bank tech-issue in our HELOC application.
Jose Quinones
Analysis Paralysis Help: Househacking with my VA or a line of credit?
7 November 2024 | 6 replies
HELOCs can be used on investment properties without requiring full refinancing.
Christopher Satterwhite
is it possible to get a heloan on a duplex thats owner occupied?
7 November 2024 | 1 reply
here is the situation. i left a really good paying job to take care of my 81 year old parents because my dad is chronically ill and my mom is almost there. i wont go into too much detail, but my sis doesnt help them. ill leave it at that. we have a person who comes twice a week to help with cleaning and other household tasks. i carry the bulk of the weight cooking their meals, running errands, grocery shopping, picking up meds, and taking them to dr appointments. its a full time job. i get a small salary of $1000 a month from a care giver sub contractor for the VA. ive been paying my bills with what savings ive had, but only have a few months of funds left. i own a duplex. i have over 200k in equity. i live in texas and texas has weird laws about refi and heloc/heloans when the property is 4 units or less and owner occupied. i would rather not sell, but if thats my only option i will have to at some point.does anyone have any advice or possibly be able to point me to lenders who might be able to work with my situation?
Deepak Malhotra
Line of Credit on Property in LLC
4 November 2024 | 19 replies
Which banks are allowing low fee HELOCs on properties in LLCs?
Connor Thomas
What to do with this property
5 November 2024 | 4 replies
I purchased it with a HELOC so higher interest debt until I can cash out refi.
Christian Gibbs
Can’t find renters for our 3 bedroom in a rural community: Should I put it on airbnb?
7 November 2024 | 30 replies
@Nathan Gesner Funny you should say that as that is what we did yesterday ..we actually lowered it to $1685 and it looks like we have a renter hopefully ( fingers crossed ).Income verified , credit score etc It’s a bit low for me but we can get the mortgage paid, the heloc payments and the roof payments and still put some cash flow in reserves each month as we will pencil out a bit.