I'm curious how soon people investing with the BRRR strategy (Buy, Rehab, refinance, repeat I believe?:) ) especially in Northern Utah, have been able to refinance? Has anyone been able to refinance quicker than 6 m...
Hello all, I need to arrange some money for my ongoing business. While searching for a way to raise fund for the business, I got to know that there are financial institutions that offer credit and loans based on home ...
If interest rates are the same, which is better a mortgage or a home equity loan? Does the mortgage gain equity faster? Is the home equity loan better because there are no closing costs? Is the home equity better beca...
Hello BP! I got an offer accepted today for a rental property with a price of 138k. I have my primary residence paid off worth 220k. Should I use a 30 year traditional loan at rate of 4.875% and 4000 closing cost OR h...
Hello to all,
My parents are looking to build a new home (2500 sq. ft.) in Central Texas on a property of 2.5 acres. I had previously suggested a home equity loan on their current home, valued at 216K (according to 2...
Has anyone had success getting a HELOC on an investment property in Texas? WF and Chase used to do it but stopped due to COVID. Looking for any banks that still do it. I’ve checked with every credit union and small...
Hello BP,I am a beginner investor and I need advice on getting money out of my investment property. I am fortunate that my father gifted me a single family house that I currently rent out. This house is currently wort...
Hello BP,
I'm approaching the 3rd R of the Brrrr method. I'm Very curious what would make more sense, a home equity loan or a cash out refinance? I've always heard of just doing the cash out refinance, but don't real...
Obviously a beginner....trying to find out ways to fund my first flip project. Can someone explain a home equity loan and realistically what’s the biggest loan I can get with a home equity loan and is it possible for ...