New guy here looking for advice on investing using a Heloc.. I apologize up front for being so wordy, but it's the only way I could get all my questions/concerns out...
I currently own 2 investment properties and I'm...
We own 3 identical homes on the same block, purchased 3/2015, 12/2015, and 10/2016. The first was a short sale, and was purchased as a place for our daughter to live in while going to college. She pays rent that is ...
Hi Everyone,I am looking to refinance my 1st rental property that I bought 3 years ago in order to get a downpayment for a 2nd one! I have my primary residence mortgage and the rental property mortgage both through a ...
Hello,Curious. I’m buying a primary home and all lenders pushing the 10 year fixed loan (variable after 10 years). Why are lenders pushing this? I wanted a 30 year that will cost 0.50% more but lenders all pushing me ...
Hi BP community,I'm a beginner investor and would love some advice please. I live in a condo located in California and have a mortgage. I want to buy a second property - my goal is to buy a multifamily and move into o...
How could I independently find out what the par rate is for a particular conventional loan? I know I could just ask the loan officer, however I am trying to trust but verify. :-)
Hello all. I'd appreciate some guidance or validation in my plan below. I am a first-time investor that has been researching my butt off for the past few months and am very appreciative of this forum. So much informat...
Hello BP,
Shortly after the shutdown in March I decided to get a HELOC. I'm 8 years into my mortgage at 3.62% for 30 yr fixed. I recently spoke to a mortgage broker who advised to do a cash-out refi and close out the...
Theres a lot of HELOC threads, quick q: condo from 150k now is around 220k, second home, BoA seems to offer HELOC for it, could potentially take out 50-60k at 5-6% interest, first 12 months lower interest. Payments se...
Never in a million years would I think about “using my home as a credit card,” as some like to say. I am seriously considering looking into getting a HELOC (or similar) on my primary residence in order to use the mon...