
10 May 2020 | 0 replies
Speak to your financial advisor about leveraging your equity via refinancing, HELOC, etc. in order to invest and supercharge your wealth!

16 May 2020 | 13 replies
In Depth;Scenario 1:You or your family have an LLC named FLLC with $X cash reservesYou place an offer on a property and purchase it via loan / note written from the FLLC(lets say 15% down);You then immediately go for a regular refinance and are able to to get down to a 15% down conventional as a primary residence or a 20% down investment propertyScenario 2: You or your family have $X in cash reserves You place an offer on a property and purchase it via cashYou then refinance immediately via delayed financing exemption (this may cost you higher interest rates because not all banks know about this or are willing to do it and this is a cash out refi which is a different product than a regular rate and term refi, again more points higher cost)You can only refi up to the cost of the purchase price + renovations cost OR appraisal price - whichever is lowerYou can see the clear powerful advantages of scenario 1 here if you purchase a property below ARV- my only concern is;- In scenario 1, banks will need your statements and will pull your credit, they will easily see that your HELOC or cash reserves or whatever were transferred to your LLC account and thereby be able to identify that the LLC funding you is yours.

1 January 2020 | 20 replies
You'll be able to do HELOCs and stuff if it is in your primary residence (albeit not immediately if you finance 100% of the purchase).

1 January 2020 | 5 replies
Can I also HELOC the investment property as well, giving me available capital for investment #3, and replicate the process over and over from there?

19 March 2020 | 16 replies
I did hear a tip recently about using a HELOC or hard money at 3% - 4% and using it to purchase notes that are generating a 10% + return, it's a good way to arbitrage your deals.

9 January 2020 | 4 replies
I've been able to buy each home by obtaining a heloc on each home and going onto the next.

23 May 2023 | 4 replies
I have explored options into a HELOC.

10 February 2019 | 19 replies
During that time, we would save funds, take out a HELOC, and invest in other properties.

9 February 2019 | 1 reply
However, the banks I have been working with are unwilling to give me a HELOC unless I bring it out of the LLC.

30 December 2020 | 45 replies
The funds used to buy the property were from a HELOC from my primary residence.