Hi, im looking for a bank etc. who can provide home equity loan/line of credit on investment property in n.y. ?
Hey everybody, I have been a Biggerpockets member for quite some time but this is my first time posting. Recently, a good friend and myself decided to venture into the real estate world as partners. Long story short, ...
Just wondering what banks you all have used to pull equity out of your property.We attempted to do this a couple times and they stated because the property was in an LLC that they would not be able to let us pull the ...
A long time ago I learned about using home equity to buy another property. One thing that didn't make sense then ( I was a teenager at best) was using one houses equity to buy another house...but that's not the end of...
I am having trouble through the banks working to use the equity with the hope of using it to improve a portfolio and also to work toward acquiring more units. Any thoughts on how some of you have been able to use yo...
Hi BP! I have a family friend who is supportive of me investing in real estate. This is such the case that they are willing to potentially manage the first property I purchase, which is looking like it'll be a SFR. I ...
Hey BP I was trying to figure out if there was a way to find out if a property has equity in it without speaking to the property owner. An if so how do I go about it.
I am in the process of securing a HELOC against my home to start buy and hold rental investment. I was advised to use the HELOC to buy a property outright to get “in the game” and see how it all works (as long as the ...
I see all lot of different ways to raise or use money to buy rental properties. If equity is the strategy to buy your second property, should the first property be substantially under market value? If so, is it worth ...
I am looking for 2 loans: One a secured loan on a property that has 100% equity, & another on the multifamily property that I buy. Private lender at lease for the secured loan. I don't want a HELOC.I expect to giv...