Would you consider it as a good deal? If so, why?Purchase Price $ 130.000 Improvements $ 5.000 Closing Costs $ 3.900 Total Cost $ 138.900 Downpayment20%Finance Amt $ 104.000 Downpayment Amt $ 26.000 Interest Rate2,00%...
Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...
Will lenders do a cash out up to 80% ltv on investment properties?
I own a duplex out right and was wondering if anybody has been able to secure a HELOC on an investment property? Is a HELOC only for primary residences? Thanks!
Hello all,I’m just starting my investing journey, and I can’t seem to make sense - or clear distinctions- between a Heloc and a cash out refinance…In general, what are the differences between the two ? And also, what...
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Last year in April I bought an income property cabin in Big Bear Lake, Ca. I paid cash so I own it outright. It has been doing very well in rentals so I want to buy a 2nd one. I can't pay all cash this time- so I was ...
I have recently purchased a condominium as my primary residence in August 2018. I am on a 30-year fixed with 4.75% interest rate. Can I replace my current mortgage with a first lien HELOC? I tried a few times to obtai...
First time investor, hopefully the start to long term financial independence. As someone starting out as long term buy-and-hold rental investor, we are looking for relatively good conditioned places in $125-300k/unit...
I'm looking into taking out a HELOC for a future investment. I understand the HELOC fixed rate repayment (just like a mortgage). What I'm not sure I understand is the HELOC repayment process on a variable interest r...