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Would anyone feel so kind as to walk me through the BRRRR calculator using a HELOC? I haven't yet figured out how to incorporate that monthly payment until refinance. I feel like I just have to enter the purchase as "...
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I'm refinancing my primary residence soon to pull out some equity for reasons that are irrelevant. I also plan to purchase my first buy and hold property later this year and I will probably need to use the additional...
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Hello,I bought an investment property with cash from the HELOC on my primary residence. Can I deduct this interest payment as expense on my investment property to offset the rental income?Thank you for the responses/h...
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Hello all! I'm in a little situation that's got me scratching my head. I've been house hacking since 2014 in a duplex that I have a 3.8 mortgage on with about $175,000 principal balance. I have an existing HELOC throu...
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Thinking of doing a HELOC... what are the pros and cons of repaying it? From my point of view, why would I do a HELOC versus saving up and using cash. Paying interest on an amount of money that I could’ve just saved d...
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Hi All! My Fiancé and I are new to this group and have been wanting to get into rentals and flipping and everything overwhelming.We have “owned” our house for 5 years. My grandparents lent us money to purchase a fixer...
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Who has the best HELOC rates and terms for a primary residence in California? We’re having a hard time finding anything sub prime. Thanks!
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Does anyone know of a HELOC that will go in 3rd position?
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Hello BP team,
I’m going to utilize a HELOC from my personal residence to fund investment properties. Can someone please provide advice as to where I should start my search for an institution to provide my HELOC? I...
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Good Morning BP peers Wanted to know if anyone here in south Florida has experience with obtaining a HELOC through a local small bank or credit union?Thanks in advance for all info!!