Tanya Maslach
Advice on deal in Denver
6 October 2024 | 5 replies
(List price is $619K)-- We are concerned about the monthly costs to support a hard money loan AND do a HELOC.-- Our current rental can support a higher mortgage payment (with the HELOC), and still have $200+ positive cash flow after the refi.b.
Dina Schmid
What Interest Rates Are You Seeing?
7 October 2024 | 38 replies
is this loan secured by your primary residence as a HELOC or are you borrowing against your stock/bond portfolio ?
Sonny Sacks
Using FHA, USDA, or 203k
9 October 2024 | 10 replies
Heloc any existing properties with sufficient equity, use a 10% loan program out of state for a vacation home, it beats 20-235% for an investment.
David Willis
Use net worth to underwrite 5 Percent gap funding on $13m SFR portfolio
7 October 2024 | 6 replies
Given your strong net worth and experience, investors might be interested in a short-term investment with a clear exit strategy.Home Equity Line of Credit (HELOC): If you have significant equity in your personal residence or other properties, a HELOC can provide access to funds without selling any assets.Securities-Backed Line of Credit (SBLOC): If you have an investment portfolio, you could borrow against the value of your securities without liquidating them.Seller Financing: Negotiating with the seller to finance part of the purchase price can reduce the immediate cash requirement.
Beck DeYoung
Facing Negative Cash Flow While House Hacking – Looking for Advice
10 October 2024 | 31 replies
For example, I used my first condo house hack as a rental for a while, then sold it, got a HELOC on my second house hack, and through a business partner bought a four plex in Nashville and then my wife and I bought a triplex in Birmingham.
Spencer Fry
LOC on investment properties
5 October 2024 | 8 replies
My local banks will only do a heloc on a primary residence.
James Harryton
What do I do next
4 October 2024 | 12 replies
Also, be cautious when using a HELOC as a down payment on your next property.
Landon Lehmann
How to leverage my person residence
5 October 2024 | 7 replies
My initial thought is to do a HELOC loan and pull out enough to do a flip and then rinse and repeat with the profit from that.
Brian Willie
First Lien HELOCs Lenders/Brokers-Nevada
30 September 2024 | 2 replies
Hi, does anyone know who offers all in one/first lien HELOC in Nevada with credit scores around 680?
Christopher Lynch
Bank Statement Heloc on Primary
30 September 2024 | 7 replies
Are there any lenders offering HELOCs for small business owners who primarily use bank statements to qualify, especially those with write-offs?