Hey BP! I am looking for any competitive lenders who are still offering HELOC's on investment properties?  It seems like most lenders have pulled back and have restricted this to primary residences only now.  The pur...

Good morning BP,  my name is August. I've been a long time reader and lurker of the forums but have never created a forum question. I'll give a little backstory before I get to my question. My wife and I have been int...

I started a refinance application on my residence and I'm kind of having some second thoughts about it. It appraised at $370k, with about $189 left on the first mortgage balance. I also have a HELOC with a limit of $6...

Greetings!

Scenario:

Bank A holds my mortgage with a 2.875% interest rate. My mortgage has private mortgage insurance (PMI) on it with a monthly charge of $91. My current LTV is approx. 45%.

Bank B holds my HELOC w...

Im wondering if i can use a heloc on my primary residence to either purchase or use for a down payment on an investment property and then refinance the investment property into a conventional 30 year mortgage to “pay ...

Hello! I would like to ask for some input and helpful information, for using a Heloc as a means to paydown mortgages quicker.I have 4 properties. 3 are rentals, 1 has an attached casita. And my 4th(primary) property W...

Hi guys im trying to payoff my moms house with a heloc from my primary residence. How do i go about doing this. Is there going to be tax implications and whats the best strategy. Tax wise and investing wise Thanksshou...

So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs.  If I paid the same amount of money in the same amount of time, would either o...

Has anyone used a HELOC on their primary residence to finance their first biggish deal? I found a decent deal that works with a 20-25% down but when I factor in paying back even the minimum on the HELOC (1% of outstan...

My wife and I have been in the learning and research phase of investing and are wanting to take action. We shouldn’t have any issues with bank lending but funding our first rehab will be tough. Unless, we pulled from...