Ayne C.
Paying off mortgage, them getting a HELOC
I'm considering paying off our primary residence mortgage in full and then getting a first position HELOC to use for short term money (for new BRRRRs). I'm my head it seems like a killer strategy. What am I missing...
Boris Alayev
Appropriate HELOC usage
I am in the final stages of a HELOC closing. All is approved just need to get the papers signed and sent back. I am also in the middle of my first investment properly closing (waiting on appraisal completion and closi...
Stanford R.
Taking Out a HELOC Now For Future Use
I'm considering taking out a HELOC on my primary residence (up to the 90% LTV ratio or just under that) to use for a down payment on an investment property in the next 3-12 months. I have around 20% equity in my home...
Carlos Pires
HELOC for Las Vegas Properties
Hello,I having a hard time finding a financial institution to do a HELOC using couple properties in Las Vegas. Any suggestions on investor friendly institutions would be greatly appreciate.Carlos P.
Kam Nak
Using HELOC without affecting Credit score
I am applying for a HELOC and wanted to find out what is the effecting way to use the HELOC without affecting the credit score. My plan is to buyout investment properties with the cash from HELOC. The concern is, once...
Steven Skarupa
Kickoff a BRRRR with heloc?
Although I'm new to real estate investing, I've bought and renovated a couple primary residences. Now I want to get to the promised land and cut my day job. 3 years ago I bought a vacation home near Cape May, nj for...
Jorge Galvez
Refinancing and obtaining a HELOC (same or different bank?)
Hi BP-ers - I am located in Los Angeles, CA. I would like to ask for your advice. I am looking to refinance a non-owner occupied investment property to obtain a lower interest rate. However, now is a good time to al...
Nat Love
Seeing Advice on split living space home
I have a split level home that I want to rent out. At the moment, it’s basically set up for two separate living spaces with separate entrances (the other level just lacks a kitchenette). The house is slightly outdated...
Sean Starkey
HELOC is killing me
Someone out there please give me some advice about the HELOC I took on my primary to buy my STR. It’s at a variable rate and just keeps rising. We owe 178k and the interest only payment is $1455 this month. We have on...
Arjay Vergara
Paying off HELOC used for downpayment on Investment Property
So I am trying to be a bit more creative with financing my first investment property. My wife and I bought a home a year ago and after talking to a big bank financial officer about taking out a HELOC on our primary r...