Robert Sprague
Using HELOC to buy property in cash
Hello I am currently in the process of buying first rental property and I have secured funds using a HELOC. Was wondering if I use the HELOC to pay for property in cash then get a conventional mortgage to pay back the...
Jimmy Lieu
Does the HELOC debt acceleration method actually work?
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Sean McKee
How to use HELOC to fund down payment?
Hi,I am going to be using a HELOC to fund my next property. The HELOC came with two starter checks in the mail I am able to use. How would I actually go about accessing the HELOC funds for the down payment? Would I ne...
Joseph Turner
HELOC Exit Strategy?
I'm looking into acquiring my first HELOC on my California rental for OOS cashflow investing but struggling to come up with viable exit strategies to get out from under the HELOC and essentially rinse and repeat. The...
Brian Plajer
Is using a heloc, for down payment of rental propert
Hello everyone,
I just found the bigger pockets podcast and joined. I’ve been loving the content. I have been using a Heloc to purchase a few properties because I don’t have a load of cash. I understand the numbers ...
Areeb Naseer
HELOC for down payment
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...
Jean Santiago
How does Heloc vs Refinancing Work?
Hello! Newbie here! I'm a little confused with how HELOC or Refinancing works when it comes to taking Equity out to use as a downpayment for a 2nd or a next property for investment.Can someone please explain to me wit...
Amby Bhagtani
HELOC on Investment Property
Any good recommendations for someone who is familiar with HELOC on Investment properties in Ohio and California?
Felipe A.
HELOC on principal residence - great, but what happens if I move?
I am exploring opening a HELOC on my principal residence allowing me to make a nice down payment on properties down the road. However, if I move, I have to pay off the HELOC before satisfying the mortgage on the old ...
Felicia Bridges
HELOC and primary home loan
I’m am looking for a HELOC, so that I can have capital available for down payments/investing. I have never had a HELOC. One company wants to refi the conventional loan on my primary residence in combination with the H...