Tara Jenkins
The Cycling Mermaid
30 January 2025 | 1 reply
I used a HELOC to cover the down payment, appraisal gap, and furniture, allowing me to enter the STR market without depleting cash reserves.
Jeremy H Barton
New Again Investor in Hartford
21 January 2025 | 6 replies
Best of luck on your continued journey, HELOCS can be a great tool to utilize untapped equity in a house.
Tony Maldonado
Seller finance with heloc on home
2 January 2025 | 0 replies
The 1st position loan is paid off but has a second position heloc on the home with 50k balance.
Shayan Sameer
New Rental Property Purchase - Out of State
31 January 2025 | 29 replies
The best strategy is to buy properties that need fixed up with hard money/HELOC, fix them up, the refi out to pay back your HELOC/hard money.
Joshua Martin
Forced Equity Cash out
31 January 2025 | 6 replies
@Joshua Martin,If there’s a chance you’ll sell next year, a HELOC might be the better move since it typically has lower upfront costs compared to a cash-out refi.
Dylan Gomez
Inherited a property and remodeled it now its ready to sell
28 January 2025 | 11 replies
I got a HELOC loan on the home for $130k.
Carl Rowles
Rehab Financing Strategy Help
19 January 2025 | 10 replies
@Carl RowlesI recommend a HELOC or Heloan on your primary residence or the rental if you have enough equity in either.
Brian Chadwick
Selling one home to get three - smart or stupid?
21 January 2025 | 20 replies
We took out a HELOC on the property a few years back to do some extensive repairs and we've just now got what we owe on the HELOC paid off
Luke Hamlin
Equity/Financing an Investment Property
29 January 2025 | 3 replies
You might have other options to explore to drum up liquidity (HELOC, Margin Loan, Policy Loan, etc) that can supplement your HYSA in the DP.
Mark Daniels
Advice on borrowing against a paid off Commercial property to buy an additional one.
18 January 2025 | 8 replies
Yes but you will need to look for a local commercial bank to facilitate a HELOC or try a commercial lender for a traditional cash out loan.