Douglas Middleton
HELOC 1st Lien Position
Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums,...
Javier Duenas
First Time Investing
Hi all, I'm new to bigger pockets pro and new to investing. I have many questions and concerns as a newbie. I'll give a quick summary of my situation. I only own my primary home in New Jersey and do not have any per...
Bryan Galaz
How can I use the equity in my primary residence to get started?
I have over $500k in equity with my primary residence and feel like I should be using it to get into real estate investing, but have no idea how to get started. How can I use that equity to buy a rental property?Than...
William Lokar
HELOCs for investment property
Has anyone done a HELOC on and investment property or know lenders who will take a second position on a Equity line? I have a primary with too good a rate to refi, but have significant equity I want to tap without s...
Brian Patrick
Using HELOC for Investment Property Downpayment
Hello All,My wife and I have finally made the decision to dive into our REI dreams and begin making the plans to make it all reality. We have set a goal of purchasing our first property in 2018 and are looking into di...
Kareem Aaron
Inquiry on getting a HELOC
I'm interested in getting a first lien HELOC on one of my investment properties (i.e., I don't live in the house). I plan to use the line of credit to invest in other properties.The house is worth $246K and I owe only...
Elisa Duka
HELOC on Investment Property
Hello BP friends! I'd really appreciate opinions and advice on a timely matter that I'm currently facing. I own a condo free and clear and am looking to do a HELOC for $35k on it for a down payment on another property...
Jonathan Roveto
HELOC for quick closing
Hi all, I have probably $90k in equity in my main residence, and I want to start buying and flipping/reselling/renting new properties. I already own 4 other properties as buy/hold, but I'd like to quit my W-2 job and ...
Steven W.
Yet another HELOC question.
BiggerPockets Family,
I have an investment property that is currently under a VA loan financed at 2.75%. I have over 200K in equity that I would like to be able to use to but would really like to not refinance. I los...
Billy Bob
HELOC with less than 1% minimum payment?
With the equity in my primary home I can get a HELOC of up to $170k. I'm looking to expand my rental portfolio. Most of the credit unions I have contacted have a minimum 1% monthly payment of the outstanding balance,...