I purchased a condo in a La Mesa, 2020. It has been a STR since May of 2021 and when its not booked I live with my partner nearby. The condo is still considered my primary residence so I am looking into a HELOC with a...
I have been speaking with several lenders and each seems to have a different opinion. My goal is to access the equity I have in my private residence to add to my cash reserves in order to use this money to invest. Sel...
Am looking to take out a HELOC on my rental property (mortgage free) for about $70k for repairs. The property value is about $725k. I have been offered a HELOC through a local credit union based on the One Year Treasu...
Hi All, Been on here for little while just soaking up the unlimited info and knowledge. Ive never posted because I felt like some already had the right answer to the questions in the topic. I had a question about g...
Is it possible to do a cash out refinance on a property worth $35,000 that is paid for free & clear
Hi,
I maxed out on my Fannie loans so I have been searching for portfolio lenders. I found one that lends at the following terms:
Interest Rate: 5-year FHLB + 3.00%, floor or 5.95%
Adjusts every 5...
Hello Everyone....I own 3 rental homes free and clear..paid cash....all rented , over 1 year. Looking to cash out to buy more properties next year. BUT having great difficulties finding any rates Below 6% with 3 poin...
Hey has anyone here used a blanket HELOC On 5 or more properties ? And what was ur experience with those types of loans , thanks
Is it common that all commerical loans are adjustable rate after 5 years. We have almost 2 million in investments with our current bank and love the relationship however, I wasnt sure if there is an option for fixed r...
LLC with two members , Buying Investment property- 20% down payment Is it possible to get a loan at interest rate less than 5% ?