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Should I use a HELO from my primary residence to fund my down payment for my first deal? I’m wondering about the HELOC affecting my personal credit when it’s time for a loan for the investment property. Any thoughts o...
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Anyone recommendations on a good HELOC lender in Chicagoland? High LTV, low fees and drive by appraisals ideally. This is for a non owner occupied 3flat. I ideally do not want to disturb the tenants with an appraiser.
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Hello, purchase our first property it is a townhome in September 2022, using down payment assistance with 3.5% down, conventional with 6% interest. Built in 2006, we got it for 175k and it was listed and valued at 191...
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I live in Colorado and am looking for HELOC recommendations. Has anyone had any good experiences taking out HELOC's in Colorado?
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Hey all ! I’m looking to pull 100k equity through a Heloc on (Home A) this money will be a 20% down payment on a STR (Home B). My question is, after closure on (Home B) which suggestions/method would you have for me t...
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I own a property in Hawaii worth about 600000 with a loan balance of 456. I have an excellent credit score and I bought this place originally as a primary residence but I have since moved and I am renting it out. An...
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So I am taking a HELOC out on my primary residence to use as a downpayment on a 4 unit apartment house. The Loan for the house will be at a different bank than the one im taking a HELOC out from. After say a year or t...
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What bank have you used for rental heloc?
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Hello
I am looking for banks that offer HELOCs on investment properties . I currently use TD bank but they cut me off on another because I have more than three mortgage properties. Very few banks offer HELOCs on inve...
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Hello all.I have recently started asking around about helocs rates, terms, and how they work. I was under the impression it was much like a credit card you have interest only payments on the balance you carry. Today h...