Dustin Ruhl
How do you use a HELOC on Investment Property?
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 ...
Nathan Ruffrage
HELOC increase without closing costs
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 ...
Joseph Padilla
HELOC to get into Real Estate
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...
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....
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...
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...
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...