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7 July 2019 | 1 reply
Used a HELOC and commissions to fund the down-payment.
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20 May 2019 | 1 reply
Should I take out max mortgage and reinvest or take out heloc or combination?
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19 May 2019 | 1 reply
They advised since the duplex was cheap to start at 25k that it would make better sense to take out a HELOC against the property after renovations were done.
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20 May 2019 | 4 replies
Their pitch was this:I would have to pay 2-3k in fees to get it refinanced whereas the HELOC would be free through them and that even though the HELOC would be 2-3% higher rate, it would take years to make up for what I would pay in closing costs.
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13 June 2021 | 3 replies
My hope was to be able to take the money from the sale and put that into either BRRRR deals or maybe a larger complex, like an 8-10 unit.Today I was looking into HELOCs and don't know much about them but they seem like a viable option as a way to not sell my property and begin to BRRRR and easily cover the cost of interest.I've currently been buying one property a year but it could take me 3-4 years to save enough to BRRRR using my own cash and want to go quicker than that.
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19 May 2019 | 4 replies
Live and flip without the flip, then a HELOC to pull the cash it for more deals on rentals.
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21 May 2019 | 9 replies
Should I anticipate any difficulty refinancing the house or getting a HELOC to take money out for my next investment property?
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17 June 2019 | 13 replies
We plan to use a heloc/cash out refi to buy our next property while trying to stay at 50% leverage or less.
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20 May 2019 | 3 replies
Take out a HELOC and put a down payment on another property?
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20 May 2019 | 2 replies
Over the course of 2 years I remodeled this property and pulled a HELOC to invest in more properties.