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Hey Bigger Pockets! I was hoping to get some ideas on how investors are paying off their HELOCS for REI. I would like to buy, rehab and hold another multifamily in my area. The price is to high to Buy cash but I would...
I am purchasing a duplex and househacking with a Conventional 20% down and was planning on getting a Heloc to continue reinvesting. But my lender told me most bank don't do helocs on multifamily properties only single...
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Can anyone please give me their insight on a first position HELOC loan?
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I am in the process of doing a 80% owner occupied cash out refinance. Can I get a HELOC on part of the remaining 20%? If so how much can I ask for and what should I expect in regards to rates. I did the math below if ...
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Currently in the process of getting a HELOC from PenFed, I was required to open a simple savings account to continue with the application. Did anyone else experience this? I don’t want to be stuck with a savings accou...
Hello to all. My wife and I are interested in obtaining a HELOC from a property we recently purchased. The property has more than $100k in equity however we are wanting to obtain 75-100k. We recently got denied at Ban...
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I have a home that i purchased as my primary residence with a VA loan. We were allowed to purchase another using a VA loan as our primary residence without refinancing or changing the first home’s mortgage. Would the ...
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So I bought a duplex for 80k, fixed it up and now renting both sides out. It is now worth just about double of what i bought it for, what would be the best way of going about either a heloc or a refinance?
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Cash out Refinancing or HELOC when buying a home that I will be living in?