I'm looking at buying a property to live in and eventually rent. My lender is suggesting a 10 year fixed vs a 30 year right now due to rates. My strategy is to keep the home long term so to me a 10 year doesn't seem l...
Hi everyone! My name is Mai Holmquist. I'm from Fresno, CA. My husband and I own a home that we both live in for a couple years now. I want to use the equity of the house to help jump start my investing. Should I refi...
Hi all,
I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strat...
I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
I am at a crossroads in my real estate investing career. I want to quit my job to pursue flipping full time and have enough money saved to live comfortably for 8 months. I also want to buy my first multi family for pa...
Hi,I’m interested in buying a condo in Orlando for both personal use and short term rental, possibly long term. Need some direction where to start, please and thank you!Cross border mortgage looks challenging, and oth...
Hey, folks,New to the forums here, and I've been inhaling everything BP over the past couple of months.Short Story on Us: A couple looking to get into our first deal(s). Our town has a lot of single-families and duple...
Never done heloc before. Do you guys think it's a good deal or not so?HELOC Fixed Rate (3-year Draw Period, 10-year Amortization)80% LTV - 3.99% APRtaking out 60K
I need some help thinking this through and making the best long term decision. I have 2 commercial mortgages that are on 5 year ARM loans with 15 year terms and 3 personal mortgages with 20 year fixed rates. I am a bu...