Although they can do the appraisal you will still have to show your capacity to carry a line of credit through qualifying which they will look at your income and job type to assess the risk of creating a line of credit secured against the home. hope this helps. 

I will be adding a door and I would like to get it officially changed to a bedroom so that records on zillow/redfin/realtor etc show that my home is a 4 bed instead of a 3 bed.

I am a newer investor currently only own 1 SFH and working to try and secure my next deal entirely by myself. 

We typically try and get a 14135 prior to the sale to show borrower is not getting any $ back and have to get an official appraisal done but once we follow the process it’s not to bad

Hi everyone, I was able to secure a HELOC for $50k.

She should apply for long term social security disability and see if that shores up her income enough to qualify.The main question I have is why are they asking for a VOE at all? 

@Steven May can probably chime in with some official numbers.

If you leave the property by the lease expiration date AND leave the property clean and in as good condition as you found it I will not charge rent for Jan. and I will return the security deposit in full" I made the offer contingent on them responding to my message. 

I am closing on a single family home cash purchase on the 16th of July, I borrowed the cash from my father in law and he asked to get a promissory note added at closing.The title company (chosen by the seller) will not add the promissory note at closing, the seller will not change the title company.I have spoken to a local title company asking if they can create a deed of trust after I have closed on the property and they told me no it's not possible.Any suggestions of how this can be done I am in Michigan, my father in law is just wanting some kind of security for the loan.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.