Steve Cady
HELOC to Flip to Buy and Hold
I am finally getting over my analysis paralysis and ready to start my journey. Ultimately, my goal is to build up a portfolio of buy and holds to generate enough cash flow to live on but as long as I’m working, I don...
Lane Baker
Need guidance and advice.
I just pulled out $50000(heloc) in equity from a rental of mine. I feel as though I have lost momentum. I live in Valdosta Georgia. What would you do if you had $50k right now in todays market? Anything helps. I need ...
Account Closed
Question for those who have used a HELOC to invest
I am seriously considering taking a HELOC against my home and using it to start my flipping business, or possibly as a down-payment on an income property (but most likely flipping).
Would love to hear from those who ...
Ryan DeLeon
Paying off mortgage soon... next steps??
I am asking this on behalf of my parents. After years and years of paying a mortgage, my parents are about 6 months out from paying off their mortgage (Woohoo!). With their new grandbaby, they are looking to move up c...
Nate Stitchell
Thoughts on Using a HELOC to get your first deal?
Thoughts on using a HLEOC to buy first property. Should it be a fix and flip or BRRRR? Thanks!
Bryan Hancock
In Texas What's Considered "Cash Out"?
In the aftermath of my life mess I took out some HELOCs on my primary residence to bridge some events and funding needed. I plan to pay these loans off prior to the middle of this year and would like to refinance my ...
Taylor Redden
How to get a HELOC on a rented Condo
I currently have two properties, one SFR I'm house hacking and a condo in a metro area that I have rented via Airbnb in the past and regular long term renters after that.I only owe about $87,000 on my Condo, and its w...
William Brock
HELOC on an investment property
Hi there! I'm new to REI as of early 2018, turning my previous home into a rental and acquiring a long-distance turn key rental shortly thereafter. I'd really like to keep my momentum moving, and am trying to determin...
Joel Lazar
Cash out refi or Heloc?
I have one SF property in Orlando with $200k in equity and one in Ormond Beach with about $150k in equity. I want to leverage that to scale up into a MF property.What's the best way to do that and what entity is the b...
Drew Slew
Heloc or not? disadvantages
Theres a lot of HELOC threads, quick q: condo from 150k now is around 220k, second home, BoA seems to offer HELOC for it, could potentially take out 50-60k at 5-6% interest, first 12 months lower interest. Payments se...