Max Mustermann
No-fee HELOC for private home flipping
27 August 2024 | 1 reply
I want to buy a new private home and use my current primary residence equity (plus some cash) to buy a new primary house cash and then sell the old one.So, I am looking for a HELOC with little to no closing costs, as I will retain the money only for as long as I am selling my old house after buying a new one.Any advice?
Katie Tran
Looking to Invest in North Orange County, CA
2 September 2024 | 24 replies
We need to take a HELOC to couple with our savings for the 25-30% downpayment.
Matt Owens
Is investing out of Market smart for a new investor?
29 August 2024 | 14 replies
Also with that I am looking to go the HELOC route on my primary residence.
Joseph M.
1031 Exchange and Renovations
30 August 2024 | 6 replies
Once it's complete you take title and complete your exchange.Can I put about 30% down on the new investment property using the 1031 exchange then take out a heloc loan of 80% LTV and use that money to make repairs?
Andre Guieb
should I use a Heloc to secure financing for a new construction deal?
27 August 2024 | 1 reply
I am new to real estate investing and was looking into taking a heloc on my primary to purchase land and do a construction loan.
Sam Boateng
HELOC Decision Help Needed
26 August 2024 | 3 replies
I am trying to take a HELOC on my primary home for a down payment for my very first rental property.
Mitchell Hein
HELOC on rental property (duplex) in Texas
26 August 2024 | 10 replies
We do HELOCs as well.
Brian J Allen
Why Are So Many Houses Bought with Cash?
29 August 2024 | 3 replies
Yes, there are a lot of people who spend less than they make and have a surplus.There are others who are inheriting wealth from othersBut there is another subset that we often forget: those who have equity in their homes.Much of the equity has built up due to a runup in home values since 2020, which allows these people to use a HELOC to purchase a home for cash.When rates were low there was a group of people who were using Hard money to purchase and rehab buildings and then refinancing at the end this was the BRRR strategy.Hard Money is not an option these days since the cost of refinancing at the end of the project is too expensive.So when we see people paying cash, it is often pent-up savings and HELOC money that people use, and not as often Hard Money.
Mike Savage
mid life property portfolio evaluation
30 August 2024 | 30 replies
we have a primary fixed loan plus an adjustable heloc.