Luke Myers
Help! Advice on Cash Out Refinance or HELOC or ??
Our main home appraised for $500k, and we owe $100k. 12 more years on a 15-year conventional loan and pay $850 a month. We want to begin to begin the BRRRR process, but want to allow our equity to work for us in the b...
Armando Neri
What credit card do you use to fund renovations?
Straightforward question -- what credit card do you use to fund your material costs in a renovation? Why did you pick that card?
Before I explain my situation, let me add some context. I have solid money management s...
Freeman Schultz
Questions about how jumbo loans work and how to refinance
I have been researching jumbo loans and I understand how they generally work. But they raise some quesitons.
1. When does the lender contact the mortgagor regarding the principal? A year before the maturity date or...
Olu Efunwoye
HELOC or Refinance on investment property
Trying to decide best strategy here: have a single family investment property currently valued at 110k with a loan bal 54k.
I understand the cost associated with refi (appraisal, closing cost, points etc) vs heloc (...
Kevin Sobilo
What is the best cash out refi loan for BRRRR rental?
I'm currently in the process of finding a tenant for my latest BRRRR rehab. So, I'm looking at doing a cash-out refi again. The last couple loans I have gotten have been commercial mortgages from a local community ban...
Aaron Miller
Advice: HELOC to repay 401K?
Hey all,First time homebuyer here looking for some advice. I purchased first home last year using TSP funds (401k) for a down payment. My goal was to try to pay back the TSP within 5 years to start getting my ROI in m...
Josh Chamois
Who has the best rates for HELOC's, Banks or Credit Unions?
Hi All,I'm looking into getting a HELOC to help jump-start my RE investing career. Is it better to use a Bank or Credit Union?Thanks!
Ryan Johnson
Cash out Refi personal home vs HELOC vs Conventional - 1st deal
My first REI was a lot bought at auction last year that has over doubled in value. Its time to move on. Im looking to purchase my first income generating property now. Running numbers on SFH and 2-4 plex in the Housto...
Joshua G.
Anyone used a home equity loan to get a down payment?
Hi BiggerPockets,I found an investment property that I think will cash flow very well, but I don't have cash to make the down payment. I'm considering pulling equity out of my primary home in a home equity loan (not ...
Zachary McDonough
HELOC for MORE deals! Suggestions anyone?
HEY MARYLANDERS and BP family,
Looking to tap into my equity to use my current high-producing assets to buy MORE assets, does anyone have experience getting a HELOC and/or Business Line of Credit?
What were the t...