I have several SFH with a single commercial mortgage started at 75% LTV and with recent increase in value was looking to tap into the equity with a line of credit or equity loan at 85% LTV. I was in contact with Spri...
Hello,I'm somewhat new to the forum but not new to investments in general. I own two properties as residences and am looking to invest in cash-flow generating properties. I have $50k in cash and a home equity line o...
Thanks in advance to the wealth of knowledge from everyone. I have an idea that I would like to get some thoughts on.I am interested in purchasing a piece of land from a repository list. Most likely I will be taking ...
Has anyone raised private money where the lender opens a home equity line of credit to supply a deal? How does that work? What interest rate do you offer? What happens to the owners lien on the property? Can they sell...
I bought 2 rental properties with my Home Equity Loan. I'd like to refinance those two and put them on their own mortgages and get my money back so I can repeat the process. Is it possible to get a new mortgage on a h...
Heloc or home equity loan? Pros and cons to both and why choose one over the other.
I’m about to attempt to pull out a home equity loan to fund my initial multifamily investment. For those of you who have done this before, would you mind sharing your insights on what I should expect?Did you try to st...
Howdy ~ I've been trying to figure out the best way to access and use the equity from my investment property....I owe $170k and it's assessed at $375k. It's far away from me, so my local bank doesn't want to do it. Th...
Was recently turned down for an equity loan on a rental property by Wells Fargo. The property is free and clear and cash flowing. I do have ccard debt and that my be the reason. Looking for sources for down payme...
Not a HELOCFor the sake of example, let's say a home appraises at $100,000 I have $55,000 in Equity and owe $$45,000 at 3.75% on a 30 year note. I've found an amazing deal and would like to use some of this Equity to...