Anthony Kresty
HELOC confusion: cash flow generation
Hello,I am very new and am trying to expand my rental property portfolio. I currently have an appreciation rental in Seattle, which is operating at close to a wash. I am seeking a rental that will generate cash flow. ...
Jessica Jay-Maleski
HELOC - request for referrals and sharing of experiences
Hi all! I own my own home outright and also own a 4-plex in which I have 25% equity (just purchased it 2 mos ago). Can anyone share with me their experience with taking HELOCs for the purpose of investing into long-te...
Aaron Fuhs
Can I get a HELOC on a rental property?
I was talking to a friend who also invests in rental properties, and he encouraged me to get a HELOC on my existing house. He mentioned that I could roll my mortgage balance into a HELOC. I called up a regional bank t...
Salvador Figueroa
Taking equity out of a rental property?
So I am trying to take equity out of a rental property but the lender informed me that I can only do that if its my primary residence or a second home. Is there any other way to withdraw the equity? Is a cash out refi...
Brennet Vargas
I would love to know how HELOC works
I would love to know how HELOC works, the money I borrow would go to a new loan or add to the existing mortgage? Would the interest on my mortgage go up?
Howard Johnston
Should we transfer our home into our business name for a HELOC
Hello Bigger Pockets folks,Thoughts from anyone on if we should transfer the deed (ownership) of our home from our personal names into the name of our company? We are about to apply for a HELOC loan, we own the home ...
Raul R.
HELOC for Investment Property
For anyone that has a HELOC on an Investment Property. Who’s your prefer lender?
Any big banks that you know provide HELOCs for investment Properties?
Zach Hawrot
Using a HELOC instead of refinancing on a BRRRR...
After meeting with my bank, I told them I wanted to refinance my duplex after I made the proper renovations. They advised since the duplex was cheap to start at 25k that it would make better sense to take out a HELOC ...
Bill P.
first deal
Happy to announce we just completed our first deal. Had been a student of Real estate investing for quite some time and finally pulled the trigger. We managed to use a heloc with 1.9% to purchase a 2/2 condo for 25k...
Marina Macartney
HELOC - Payoff with conventional loan, taxed?
We got a slight discount on a rental property with a cash offer. We are funding with a HELOC but quickly taking a conventional loan to payback the HELOC. Can we have the loan wired to the HELOC account directly or is ...