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I'm working on a short plat and will be building another house on the new lot. I'm in the process now of looking at financing options for the build. I prefer a HELOC to a loan. I'm interested in your thoughts.
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Hey all,I'm at the stage of securing my finances as I start to explore markets and look for an investment property. Given that I'm still young and have limited resources, my parents have been generous enough to offer...
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Hello BP,When is a Home Equity Loan better than a HELOC?My understanding that a Home Equity Loan is simple and straight forward. I’m not familiar with typical LTV’s or processing fees attached.A HELOC sounds like a be...
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There has been a few threads on this topics, just wanted to gauge anyone's suggestions who had similar situation, or is an investor understanding HELOC/home equity. - i have a 30k student loan at 6.25% interest, month...
Would it be possible get a home equity loan to finish the construction of a new home that i started by paying for out of pocket?
I'm not sure how much i can cover but let's say 30% of the total cost of construction.
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I purchased a duplex last month for $230K cash which is now generating $3,225 before tax and Ins. I also have a townhouse with no mortgage that rents for $1,300/mo. What’s the best way to go about getting more mone...
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Hey BP,Newbie here looking to close my first two deals on two buy and hold duplexes. Ran into a hiccup when lender initially told me they would finance 85% of the loan now has changed to 75% but I only took out money ...
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Does anyone know if there are any home equity loan options for a student with basically no verifiable income?
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What is the difference between a home equity line of credit and a home equity loan? I know that both are secured loans, putting up your home as collateral for the money you borrow. But what's the difference?
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Hello BP,
So I have a sfh rental property that I am expecting to pay off fully in a few months. My plan is to use the equity in the rental to purchase additional rental property. What is the best way to pull cash ou...