Khanh Tran
Apply refinance on multiple properties at the same time
Hi,I have applied HELOC for my primary residence. Should I wait for the HELOC application process to be completed before applying for refinance on my rental property? Or Is this OK to apply both HELOC for primary and ...
Matt Greenfield
HELOC Minimums for LTV and Do the Minimums Change If Primary or Rental Property
Hello!I am thinking about using a HELOC on my rental property and the company I spoke to said that the minimum LTV they would lend on a HELOC is 80%. Perhaps I am misremembering, but I believe I heard a friend say tha...
Account Closed
Refinancing to pull out equity for down payment+rehab cost
Hi Everyone,I'm not sure if I picked the right forum but here is my scenario and hopefully someone can assist us: Me and my wife are trying to refinance our main property in order to cash out $50,000 from our equity. ...
Marvin Scott Butler
What my best option ?
Hi, I’m in the Tampa Bay Area and I’m looking to purchase another property. I was looking to do a HELOC on my primary residence to fund my purchase. I need some advice is this a good strategy or should I rent my hous...
Yari Vargas
HELOC to finance down payment
Hello All! I've been house hacking my 2 family home, for about 2 years. And now that I have the hang of managing the property I feel ready to take my next step and invest in a 2nd property. I am looking into using ...
Shon Drennan
HELOC Recommendations First Time
Hello, my wife and I have about 150k equity in our home are wanting to do a HELOC and use that to buy some STRs. I have a few questions since this is my first time doing this and research online seems to be pretty ba...
Jenni Salter
HELOC vs. Hard Money for BRRRR
Hi everyone, I am getting ready to purchase my first BRRRR property. I have $250K in HELOC money. I've received advice that it always makes sense to use private/hard money over HELOC to buy properties. I am not really...
Tyler Bettencourt
Pay Down Heloc or hold onto cash?
What should I do? I have a $100k heloc. In August i bought a rental property for $45k. (its performing well) Currently there is a balance of $40k against my heloc. I am planning to scale and to possibly buy 2 more pro...
Jeremy L Gunn
Fixed Rate HELOCs Recommendations
My wife and I have 3 rental properties that we have a decent amount of equity in. 2 of the properties we already have small HELOCs on that are set to expire later this year. We currently use American Heritage Financi...
Cody Wageman
Using HELOC for down payment
Hey everyone, We are working towards purchasing our first rental. We currently have a HELOC that’s we intend on using for the initial investment to get the ball rolling. My questions are, are there specific things ...