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I am looking to get into my first rental property. My plan is to BRRRR. My question is should I use a HELCO or cash out refi from my primary residence to fund it? what are the pros and cons of each? is one more risk t...
I purchased a duplex with FHA financing in July 2019 that I still occupy. I bought the property off market at a discount and with appreciation now have 20% equity. I was considering a cash out refinance to tap the equ...
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Hey BP,
Have a rental property in Durham that has some equity and wondering if there's anyone on the forum who knows of lenders either in the are or online who would issue a HELOC on a rental?Cheers!Dan
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Hi! This is my second question what is the best way to leverage my 300k heloc .. I don't know if the flipping market is that good but the buy hold and investment rental market is amazing in chicago.. is it bad to let...
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When starting out, but owning an entire property outright with added improvements, would it be better to cash-out refi or get a HELOC?
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We have a few rentals, but have been out of the real estate game for a few years. I am closing on my new house in TN in August and have a question. Is it better to have cash in hand (therefore financing that at 3.87...
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Hey everyone, thanks for having me here.I've enjoyed the Bigger Pockets Podcast for a while now and I feel it's time to actually start doing more in real estate.My background:Day job - web developerPrevious Real Estat...
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BP Family,I’m thinking about taking a 100k heloc on my investment property (it’s a condo). Interested to learn how others have used this approach to use the funds to buy another property. What is your approach or fram...
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Good evening everyone, I am in the process of applying for a HELOC for about 100,00 and I am looking to use it to buy another piece of real estate. I was wondering if I could get peoples advice on the "dos an...
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Hi smart people,I am deciding between pulling capital out either through an investment property HELOC or cash put refi. Which would you choose and why?HELOC~60k out (80% LTV)-no origination fee, $99/year which can be ...