Hi everyone! I am new to this site. I have watched several videos and read articles about using a HELOC to pay down your mortgage. These resources also mention that it only works if you use your HELOC like a Checking ...
Good evening BP,I currently own a rental property in Oxnard, CA, and I have over $200K equity. I would like to get more properties using this equity. I was thinking about doing HELOC and not cash-out-refinance because...
We own a rental worth $220k. (Cash flows $400 per month.)We have a conventional mortgage with $50k left to pay that will be paid off in 2025. We also took a HELOC loan to buy a second rental. That has automatically co...
Hey All,I'm trying to make a move, and I'd love some great info if anyone can help.What is the highest LTV you ladies and gents have seen that a lender is willing to extend on a non-primary residence rental property H...
I am looking around for a lender that will do a HELOC on my investment property but coming up short. The banks i've called so far either does not offer the product of can't do it on investment property. Does anyone ha...
How To Use A HELOC On Investment PropertyA HELOC, or Home Equity Line Of Credit, is somewhat like a mortgage or a home equity loan. The difference between a mortgage and a HELOC is that while a mortgage is a loan for ...
Hey there!!!I’m an investor with a Heloc on a property that is very low. The property is valued three times that of the current line of credit. I understand some banks will simply increase your line of credit without ...
Hi team! I’m 26 years old and want to get it to real estate, I have been researching real estate for the last couple years and am finally really to get into the grind! Looking for some advice -I currently just got...
I have a performing STR in the Florida Panhandle that has around $100k in equity I’d like to tap into. Does anyone have a lender or is a lender who does HELOCs on rentals titled in an LLC?
I am obtaining a HELOC on my primary residence to then use for the down payment(s) for investment properties, that I would also have an additional purchase loan(s) on.
What should I factor in, to decide what amount...