Sylvia B.
Purchase home to rent....Loan, equity
I'm thinking of purchasing a house I'm renting. It's a small 800 sq ft, 2 bedroom, 1 bath. Total lot at 2750 sq ft. Plenty of work needs to be done, which includes roof, and windows. By the end of the year, I'd like ...
Ashneil Datt
Home equity loans and time frames
It is my understanding that there has to be a 30% equity build up on the house before I can take out a loan. My question is: Can I put 30% down on a house and immediately take a loan out and buy another house? Or is t...
Grant Kemp
home equity loan on owner financing
I'm not saying I advocate or would do this, but I'm just curious-
Say you've purchased a home with owner financing. Would banks be able to see the lien on this property between you and the prior owner? Or would you t...
Robert Steele
No Home Equity Loan for you!
I have a nice property with about $100K equity in it - 50% LTV. I have owned it for several years. I wanted to get a Home Equity Loan on it to shuffle some of my equity around between properties but none of the big or...
TImothy Talarico
Using Home Equity loans for flipping?
I could use some real good advice here.....and potentially speak with someone. All of my equity is tied up in land and houses prior to getting into this business. I would like to utilize some of this equity and ...
Duane K.
Refi mortgage with home equity loan
Hello all, I'm still fairly new to real estate investing and also new to biggerpockets (this is my first post). Anyhow, this is maybe slightly off topic as it's dealing with my personal home rather then a rental prop...
Max Maysonet
Difference between Refi and Equity Loan?
I'm no property owner but I'm currently searching for my first House Hack.
I'm trying to learn as much as I can and I'm curious as to what would be a smarter way to go about liquidating funds for capital growth?
Let...
Richard Ransdell
Home Equity Loan for first rental?
First post, total noob. I want to get started with rental property investing, and without waiting 2-3 years to save up 20% for my first rental property, would it be beneficial to use equity in my personal house with ...
Chardae Eduruke
Home Equity Loan with another Bank
I would like to apply for a home equity loan to fund my first project. I would like to know if I have to go through the same bank that my current home is financed through or can I apply through another bank?
James Hunt
Cash out refinance or equity loan???
Hello BP,
Looking to pull some money out of my rental to use for a 2nd property. Any advice?