When I first applied I estimated my home value at 390k which would give me a line of credit of 62k at an 80% loan to value ratio. (390k x 0.8 - mortgage balance)The appraisal came back at 420k which great news however when I requested that the limit be moved up to 80% LTV of the appraisal amount (86k) I was told that the loan commitment had already expired so in order to get up to 86k it would need to be a new application and also I would not get the promotional interest rate of 1.99% for the first year.

Good news is that you're receiving around $350 a month in principal reduction.

While qualifying for a HELOC is dependent on your home equity and your credit score, good or excellent credit makes it easier to qualify.

I am compensated unbelievably well for my work, and what's even better, I'm compensated in both increased rent and equity, not a one-time paycheck.The bad news is, you can look forward to at least a five-year apprenticeship, you have to have reasonably good hand-eye coordination, the job is more dangerous than most, you get no respect, and you'll spend too much time alone trying to motivate yourself.

Good news.

Good news is appreciation is strong, and getting tenants isn’t as difficult because there are more of them than inventory.

Investment Info:Single-family residence private money loan investment in Newport News.

They have well over 150 software patents and growing but nothing on the idea of renting someone’s home for a vacation spot can be patented.if anyone knows of an excellent patent attorney, state doesn’t matter, specializing in these type of patents please reply with information.Sincerely,Robert 

More commonly, investors are told to find a property with no equity, buy it subject to, and sell it “lease option or lease to own” with the buyer (renter) paying an option fee and above market rent with part of the rent going toward the purchase price, should the buyer ever be able to excel use the option.Here’s the problem with those strategies1.

The good news is its always an OK time to buy because real estate is always appreciating, almost always in the long term.