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I am looking for recommendations on who to use for a home equity loan or a HELOC, which I plan to use for a multifamily. The properties are in Colorado and I appreciate any help!Thank you,Jason
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Hi, I just listened to Mathew Sullivan on Joe Fairless's podcast. He runs QuantmRE - https://quantmre.comYou can basically release equity out of your home or rental property without taking on any debt. The kicker is ...
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I'm looking to add around a $100,000 expansion to my house. I do not have enough equity in the house currently to qualify for a home equity loan to cover this full amount. I found a Fannie Mae HomeStyle loan where th...
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Hi BP! I've accidentally got into RE by renting out my first house a few years ago. Seems like a great opportunity to get to financial freedom. When it comes to accumulating funds for down payment etc. Save cash. borr...
I bought a house cash with life insurance money to get out from renting. I have the house in an LLC to protect from possible liens and other issues. I now want to use some equity for some medical needs not covered by ...
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Hello!
I am looking for some advice as to which course I should take: Cash-out refinance or home equity loan?
Home value: $400,000Mortgage balance: $51,000
Interest rate: 6.125% - Fixed. 30yr.
Monthly paym...
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This is my question, I am looking at these two products, what are your thoughts?
Fixed-Rate Equity Loan
The best part about our Fixed-Rate Equity Loan is stability. This is a great option if you’re in need of a spec...
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Would it be smart to take out a home equity loan in my house to start rehabbing houses? My house is worth 140,000 roughly
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Hello there bp. I have a question I've been pondering for about a week now and can't decide. I bought my first home which is a fixer upper a year and a half ago for 125k since then payed it down to 122 with plans to p...
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Is it foolish to use a Home Equity Line of Credit as a down payment on an investment property? We have our primary residence payed off and have been approved for a line of credit on the house at 5.25% for 10 years. ...