Jason Sung
HELOC for investment home
Hi, I have a rental house in McKinney free and clear (without mortgage). I would like to have HELOC. Do you know any lender who can do that?
Gary Parilis
ISO Lender for HELOC on investment property in Florida
I have two properties with equity I want to use for further investments. Rather than refinancing, there are advantages to a HELOC (low closing costs, quicker underwriting, and I only pay interest on the funds I use). ...
Lance Foster
Cash out refinance or HELOC?
My wife and I are looking into a couple of different options to fund our first rental property. Originally we were looking to do a cash out refi on our house to get money for the down payment on the rental of 25%. Ide...
Andre Chouinard
How is a HELOC factored into DTI for future mortgages?
I am pursuing a HELOC of $65,000 on my owner-occupied duplex and was wondering how this will affect my DTI ratio when applying for future mortgages.For normal consumer credit cards, the lender adds up the minimum paym...
Paul Ellington
Question about Terms of HELOC
My wife and I are scheduled to close on a HELOC this upcoming week and throughout the process banks advertised interest only payments during the draw/advancement period of 10 years. When I received the final paperwor...
Ryan Jopson
HELOCs and Investment property
Good Evening;
Has anyone had luck finding a lender willing to underwrite a heloc for non owner occupied investment property (1-4 units)
Any insight, comments, suggestions, recommendations, etc are much appreciated.
...
Tomislav Glamuzina
Vancouver British Columbia Beginner Questions on Mortgages
Hey everyone,New to real estate and just trying to learn as much as possible. So, I will just jump right in. Can some help clarify and maybe go into detail about the process of getting approved for HELOC/LOC in Canada...
David C.
Payoff Primary or Reinvest?
Hey BP!I am in a dilemma and looking forward to hearing your feedback. I am entertaining the thought of selling or cash-out refinancing some of my rental properties. Initially, my plan was to reinvest the proceeds int...
Ryon Pax
HELOC Payoff Advice
Hello BP Community! I'm seeking advice on the best way to pay off or pay down my HELOC. I have 2 properties that were previous house hacks and have decent cash flow on their own. In 2023 my wife and I took out a HELOC...
Rusty Scott
Max LTV Heloc
On a PRIMARY residence....what is the highest ltv heloc available in the market? Is anyone finding 95%LTV? I've seen several 90 from credit unions, but nothing concrete about 95. Back in the prior crash days, it was e...