Gina Har
How Should I Analyze?
Which tool should I use to analyze a fixer property that I would like to live in for a year or two, then rent or sell?
Matt Rath
HELOC or Refinance first? for investment
I want to make sure I'm understanding this correctly.I bought a duplex at 175k, have 160k left for payoff, and did lots of updates so the estimated worth is over 200k. This would give me 20% equity and allow me to loo...
Keyonte Summers
Cash Out Refi or Heloc
Im weighing my options to see what’s the best route for investment properties. I own one property free and clear which was my original PR before renting it out. It cash flow around 350 a month have 100k in equity that...
Yigal Dekalo
HELOC to pay off mortagage for my rental property
Hello Bigger Pokcets,I wonder if that discussion came up. Lets say you have a 200K and you have an equity of 120K. Let's ignore the feasibility of a HELOC for an investment home and focus on the financials.Would it be...
Malcolm Douglas
Contribute to 401k or pay down HELOC
Wanted to hear some peoples opinion on this question.Due to maximum loan restrictions for a 30 year fixed mortgage on a 2-unit building in Chicago, a portion of my loan is being financed through a HELOC. The interest...
Denice S.
HELOC in 1st Position and I Cannot verify its status
Hi BP Community, thanks for reading… I’m looking for some direction I’m pursuing a property via mortgage foreclosure auction.During my lien search at the county, I like everything I see except for this:There are 2 mor...
Mengzhu Rolff
Commercial real estate refinancing question
Hi guys, I'm a newbie for commercial real estate investment,I have a question about refinancing the property. I didn't have much money to buy this commercial apartment building, so I used HELOC as down payment to boug...
Nick Naik
Question about how to use home equity for buying rental property
Hello All,I have a question on how to use existing equity in a house to either BRRR or buy and hold. The current rental I have has decent amount of equity and I want to leverage that vs. going to hard money lender or ...
Bobby Forsythe
cash out refi vs heloc on a Brrrr??
Can I ask Why a cash out refi is better than a Heloc when u can pull out up to a 100% on some Helocs and a cash out only gets u 75%. Please lmk what the benefit of the cash out is over the Heloc since u can still pay ...
Jason Capalad
HELOC for investment property
Hello BP, i am looking for a HELOC to upgrade another one of my homes, when I applied, i was told helocs aren't allowed for investment properties and that i would have to do a full cash out refi. I was also told 35...