Cris Johannsen
HELOC versus cash out refi?
Hello all,Looking for ways to use the equity I have in properties I own and have as rentals. I am refinancing out of hard money loans anyway and my income from the rentals with the lower interest rates will cover the ...
Kevin King
Apply for HELOC now for future investing?
So, I have a duplex that has about $150,000 in equity and I am starting to think about purchasing my next investment property. Ideally I'd take $20-$30k out with a HELOC to fund my next downpayment. I hear that gettin...
David W.
Repaying a HELOC
I am approaching my 1st rental property buy and of course trying to do all the homework. By the way BP.com is awesome. So rather than using my own cash or pulling money from stocks, I have been thinking about a HELOC....
Enwan Casson
Home Equity Line Of Credit
Good evening to all,
My name is Jason, and I am new to this platform. However, I am excited to meet people and learn about real estate.
Can someone advise me on HELOC on rental properties. I want to take out a HELOC...
Ammanuel S.
Best HELOC approach
Hey guys! New real estate investor here. I have an interesting scenario and would like to pick some of your brains!So my parents have 2 homes, one of them is mortgage free and worth approximately $300k and the other i...
Jay C.
What's the strategy for a long-term Buy/Hold investor?
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 strateg...
Amanda Chandler
Cash or HELOC?
Hi all. Question for you as I am not sure what makes the most sense. In a blessed situation to have been able to save up some cash reserves and have a HELOC that is interest only for 10 years. Rate on the HELOC is var...
Josh M.
Lending (Heloc) questions
Hi, I have a few questions about using a Heloc and getting a loan for a second home (vacation that I do intend to stay in part of the year.)Scenario:House value:250KLoan balance: 50KEquity: 200KGoals/Plan:Get 10 STR p...
John Michael
Use a HELOC just for down payment or purchase in full?
Happy Monday all,We are looking to start our first BRRRR and have a HELOC for $195k. It appears that our choices to purchase our first property are the following:1. Use the HELOC to purchase a property outright in ca...
David White
Home Equity Line of Credit (HELOC)?
I’m still relatively new to the real estate game (2 rentals owned in just under 6 months of investing) and have been coming across different strategies to buy properties. One of these strategies is called the HELOC me...