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Hey Bigger Pockets friends, Looking for any input on lenders that are good to work with in Connecticut regarding HELOC loans. Thanks in advance!
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Hi Bigger Pockets Community,I've started the application process to open a HELOC on my primary residence with a couple of financial institutions to see what I can qualify for, and I'd love to get a little feedback fro...
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I have owned my primary residence for over 2 years now and have been toying with the idea of a HELOC in order to leverage those funds to invest in another real estate opportunity. The challenge I am having is that the...
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Banks have different terms for their HELOC lending for primary residence versus investment, giving more borrowing power and a lower interest rate on the primary residence. Let's say I get a HELOC on my primary residen...
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Can anyone recommend a great option for a HELOC lender in the Charlotte area? I would be getting this setup based on my primary home. Is it better to align with a local Credit Union for this like Truliant or go with a...
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I am new in BP and investing (great to meet you all). I am planning on purchasing a home but using the HELOC process. Anyone used it before? What should I expect? Is it a good idea? Thank you all in advance.
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BP,http://www.claytonmorris.com/blog/2015/7/20/how-to...The link above talks about paying off a mortgage in a matter of roughly 5 years+/-. After reading it, I was still skeptical. Any mortgage professionals or anyone...
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who, in your opinion, are the lenders most favorable for HELOCs on investment properties? Seems like many lenders don't even do them. Thanks!
I have an opportunity to pay off my mortgage by the end of the calendar year. At the same time I have been waiting for this opportunity to make my first real estate investment. I figure these are my two choices:1. p...
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My wife and I are trying to get started with rental properties, but only have a little bit of capital. A lender we contacted suggested that we do a cash out refinance on our home. He said a HELOC would end up costing ...