Allie Dattilio
Looking for first deal — HELOC + Pre-approval, what comes first?
We are in the process of searching for our first deal. (Looking for SFH or duplex for under $100k, with under $30k in rehab needs)
We plan to take out a HELOC for the down payment and initial rehab costs. Would love ...
Dennis Byrne
Investing with a Heloc on a primary residence
New guy here looking for advice on investing using a Heloc.. I apologize up front for being so wordy, but it's the only way I could get all my questions/concerns out...
I currently own 2 investment properties and I'm...
David Garcia
Looking at opening a HELOC on my primary
Hello BP, I am new to biggerpockets and have been researching RE for about 6 months. With all of the great info here on BP, YouTube and reading RE investing books I have soaked in a lot of info. I am looking to buy m...
Joe Wall
HELOC and Tax Implications
I currently do not owe a house, but my parents have thought about doing a HELOC (home equity line of credit) to help me buy a side-by-side duplex. I am wondering about all the details for a HELOC. I was told it can ...
Edward Ferrer
Refinancing
Hello, Need help with this current Scenario..Conventional Loan @ 4.35% on a Single Family Home with a Balance of $295,000 & w/HELOC of $70,000. Property Value $520,000. Goal to take another HELOC for investments...
Todd Smith
HELOC risk and downside
All I here about is how great HELOC is- How about the downsides: 1) variable rate 2) risk your home if used 3) tax deductible only if used on the same dwelling
Varouj Asdourian
HELOC on investment
Hello. My wife and I want to buy a second investment property by taking a HELOC on our existing rental property. Has anyone ever done this? Would you recommend it? We have a lot of equity in the first property and I d...
Jeff Goddard
HELOC as alternative to conventional fixed mtg...
This is a bit long so.... I am wondering if any of the BP members have heard anything about using a HELOC to replace a fixed or traditional mortgage??I recently came across a u tube video of a fellow in Hawaii whose...
Jerryian Francois
Should I use a heloc on my property for a flip !
Hey bigger pockets happy holidays to you all I really need some advice here ! So it’s been 3 years since I brought my first duplex @415k its now build up equity and is worth over 540k so I have equity in it a refinan...
Kelly Byrd
When and when not to use a HELOC for cash-flowing investments?
I'm considering using a HELOC to fund investments that cash flow right away. In the best case, it seems like a pretty obvious arbitrage between the rate of my HELOC and the rate of return on the investment. But, I'm n...