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15 April 2019 | 2 replies
I'm fairly new to investing, this will be my second investment property but first time using a HELOC.
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17 April 2019 | 21 replies
Do I home equity or heloc her house?
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15 April 2019 | 1 reply
We found a house we like as rental property.We could make an offer using conventional financing or should we wait to use HELOC and then refinance, essentially using the BRRR method.If we waited and did the BRRR method, we could have a profit producing asset (about $170/month) without having any of our own money in the game after the refinance.If we proceed now we would have to use conventional financing which we would have to use our cash for down payment and rehab costs.
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15 April 2019 | 0 replies
A home equity line of credit (HELOC) allows you to keep your first mortgage in place and use the HELOC to borrow from.
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21 April 2019 | 5 replies
Hi All,I was wondering if I can get HELOC Interest only loan off of Rental Property?
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16 April 2019 | 4 replies
I have $15,000 cash, $32,000 HELOC I just paid off and now have access to again, $12,000 personal loan and $19,000 401k loan.
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20 April 2019 | 3 replies
I was thinking of getting a HELOC on this investment property.
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19 April 2019 | 0 replies
My goal was to purchase 3 more single family homes this year and I have roughly 100k of equity in my current residence, have qualified for either a conventional home loan up to 100k and a HELOC up to 60k.I was originally planning to buy a single homes as they come available but recently have been talking to a local investor who owns roughly 100 properties who is beginning to off load as they are all paid off and he is nearing retirement.
23 April 2019 | 2 replies
There are many ways, either using your own money or other people's money.If you want to use your own; get a HELOC on your house and use it's equity for your advantage.
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20 April 2019 | 3 replies
We currently are using a heloc to buy the properties cash.