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Results (10000)
Glen Clemmons Looking for 1st lien position heloc
11 August 2021 | 1 reply

Hey there! I’m in NC. My first question, is there a credit union or bank that will payoff my mortgage using a heloc? Context: I do not have a HELOC now, but I’m interested in having a 1st lien position HELOC instead o...

Tammy Ginsburg Taking out a HELOC to invest in another property
29 August 2022 | 4 replies

I was just wondering how anybody feels about, taking out a HELOC to invest in another property?  I personally feel very wary of the idea.  I would like to keep my condo and rent it out, then buy a Multifamily to House...

Doron E. HELOC & New Tax Code
25 March 2019 | 2 replies

A few years ago I took out a HELOC on my primary residence at the time. I used the funds to purchase a multi-unit property. I’ve been able to write off the interest from the HELOC with no issue until the new tax code ...

Jerrod Hall Using current home equity for investment
9 September 2019 | 4 replies

I currently own my home free and clear,and am wanting to know if it is wise to borrow against it to fund my first property?i built the house 9 years ago and would estimate its value at 150,000 - 180,000.and if so,what...

Brad Crawford Need a HELOC
9 September 2016 | 3 replies

Hello,
I'm looking to flip my first house and am hoping to use a home equity loan to fund the repairs. What is the quickest and best route to go to get a home equity loan? Are there smaller companies that will lend wi...

Lacee Beitler Using a HELOC?
26 August 2016 | 4 replies

Hi Everyone! Happy Friday!

Question about a HELOC:

My husband and I currently own 2 duplexes and have a triplex under contract. We are using a conventional loan to cover 80% of the deal. For the remaining 20% + cl...

KaTrina Jones Downpayment Reserves HELOC
12 September 2017 | 0 replies

So to delay the process of saving for an eternity for the down payment on my first property I decided to apply for a HELOC. I was approved for more than enough for a down payment and I have just enough for closing cos...

Tim Kaminski HELOC Downpayment Question!
4 May 2019 | 3 replies

BP,Have a Owner Occupied Duplex that I have been renting out and fixing up for the past 8 months.  Wanting to pull out equity with a HELOC and look for another 2-4 Unit use that money on a down payment.Question:  Say ...

William Lewis Refi or HELOC...??.......!?!?
3 November 2018 | 3 replies

My wife and I started investing officially 12 months ago. We had been "househacking" or renting our old condos before that. 12 months ago, we paid cash for our current rental (because we couldn't get a loan as a resul...

William Harrison Refinance or HELOC??
14 November 2018 | 4 replies

I’m lookong to use the equity in my home to start acquiring Rental properties.

I currently have about $100K in equity In my home according to county assessment and other homes in my are have been selling for tens of...