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Results (10,000+)
Chris Roberts Do DSCR loans affect DTI
29 July 2024 | 16 replies
If so, it seems like having a few DSCR loans would make it difficult to qualify for a Heloc on a primary residence or even a car loan, for example. 
Sheldon Alex Wrap Mortgage Private Money Partner Analysis
30 July 2024 | 6 replies
Fools investmentThere's a fire- cannot rebuild and investor loses everything; owner ruins his credit; injured tenant sues everyone; everyone broke.Lender calls the loan- everyone losesPaying down a loan does not reduce a payment, this is not a HELOC so that part is not math.There is zero equity to loan on, no one will loan on this.What would buyer have to do to convince a poor elderly person to take this risk- scare them, threaten, lie?
Ben Van Gorp New poster looking for some help
30 July 2024 | 12 replies
My two cents- 95% of the time, a HELOC is the best way to leverage equity and scale.
Brenda Freeman seller financing, seller basics
29 July 2024 | 2 replies
There is a small balance that I can pay off with a HELOC from another property I have .
Anthony Leodoro TROUBLE SECURING HELOC BECAUSE OF Debt/Income RATIO- NEED ADVICE
26 July 2024 | 5 replies
My partner didn't have good credit at the time of purchase so her income isn't a factor for the HELOC because she isn't on the mortgage or the deed. 
Patrick Thomas Dickinson Sell my primary capturing the equity and investing that money in the stock market
29 July 2024 | 5 replies
I do like the idea of having access to the cash out refi and helocs 
Seth McGathey Carrying HELOC on 0% credit card
25 July 2024 | 2 replies
I recently used a HELOC for a down payment and for some repairs.
Travis Call Is this feasible for me?
27 July 2024 | 13 replies
You could take a HELOC on that and use it for a downpayment, but the loan portal will be the issue.
David Schuster 1 Rental Property, $200k in Equity- Looking to Expand
27 July 2024 | 3 replies
We do have access to a HELOC on the property which we leveraged to purchase our current primary residence (balance borrowed has been fully repaid at this point) but we would rather not pull that lever to roll into a new property given current interest rates and the adjustable nature of the HELOC
Nick L. My failure at the Milwaukee County Sheriff's Sale
31 July 2024 | 27 replies
I later heard but never exactly why, that the place was an absolute money pit and the buyer, who was very experienced, regretted buying it big time.It is interesting, but I ALWAYS do at least a bit of research on the prior owners and have found few "hard luck" stories, at least as far as either higher or high priced single fams go, they're by far the same story where the owner makes the financial decision to walk away, mainly due to the insane HELOC's etc they were giving out, like 125% of home's current value back in like 2006, so now they'll owe literally like $750k on a home that IF in great shape would at best fetch $500k, PLUS they trashed or semi-trashed the place, so they'd be really lucky to get $400k as is and often they may be business owners or whatever and have a relationship with a local bank who will then know "the whole story" behind the big hit they take to their credit score and not treat it nearly as harshly as the average Joe, who's practically banned from even entering the bank for years!