Hi! I'm looking to get a HELOC to buy a couple rental properties. I'm just now starting to look and I went on Lending Tree and was offered a "Combination Loan" by one of their companies called lower.com. Has anyone ev...
I'm not familiar with the loan side of rentals. Hoping someone here can help. We have a sfr paid in cash worth $150 and another sfr with a loan of $80,000 and worth $140. This one has an interest rate of a cruddy 6%....
Hey,First time posting on BiggerPockets. Been voraciously listening to the podcasts. I got lucky buying a foreclosure which I sold for a stupid amount and put into a duplex. I am incredibly interested in ways to creat...
Hi Everybody!First time posting on here! Can anybody recommend a good credit union or bank that will lend on a couple of investment duplexes in Dallas. I have gone through all of the big banks and mortgage companies a...
I currently own 4 condos free and clear, all in the same complex. I would love to take out a home equity loan on each of them, problem is each one is worth less than $40K and the smallest loan I've found a bank will d...
Has anyone ever applied for a conventional loan and just used a hml for the 20% down payment? Is it possible to then turn around maybe 6 months later and refinance that 20% down payment with the conventional loan comp...
I have recently put a offer on a home for $87500 that needs about $45,000 dollars worth of renovations. and that was the exact bid for the renovation. I am currently looking at 203K standard and was shocked by the h...
My wife and I are looking to purchase our first investment property in Charlotte, NC. We are doing the BRRRR strategy and do not have available cash for the down payment and rehab costs. I have read a lot on using pri...
Just a though...should I combine my 401k and a home equity loan to buy a rental property...I currently own a rental that is giving me 1,100 per month and I wanted to maximize my return...by combining a home equity loa...
Hello all,
As my girlfriend and I look to purchase our first househack, we are curious about the pros and cons of using savings/business credit for rehab costs vs. folding costs into the mortgage with a 203K loan.
...