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Hello,I have several ways to fund a down payment on my first investment property and would like to know the "safest" way to do so...Cash, borrow against my 401K (and does this method constitue the start of my investme...
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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...
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Hi All,I purchased my primarily resident about 5 years ago, and thanks to the housing market in NY going up like crazy, I have a pretty big chunk of equity on it. I can take up to $200+K of HELOC at approximately 5% ...
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What HELOC rates are you all seeing out there in MN?
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I currently own a home that is free and clear and interested in doing either a cashout refinance or getting a HLOC. I have a pretty good idea as to what I want to do but I am curious to know which option would you tak...
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I currently own a rental that was paid for in cash. It is personally owned (not LLC).My plan is to obtain a HELOC on it to fund my next rental. Once purchased, I would then reno, rent & refi to pay back the balanc...
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Hello BP! I've been thinking through ways to help beef up my cash reserves to purchase my 1st flip, and have been seriously considering opening a HELOC. Since you obviously don't pay anything (other than smallish pape...
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I checked into my local credit union on how the HELOC rates were going and they are now offering (on owner occupied) 100% LTV at 5.25% which is up from 90% a year ago... the 80%LTV is at 3.25%.Is anyone using these cr...
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Our main home appraised for $500k, and we owe $100k. 12 more years on a 15-year conventional loan and pay $850 a month. We want to begin to begin the BRRRR process, but want to allow our equity to work for us in the b...
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What are the pros and cons of getting a HELOC, at a bank, in the local area of an OOS investment property? Or, getting a HELOC through a local bank, in your primary residence location?