Danielle Z.
HELOC on a second home (not a vacay prop)
I'm pretty new here. I'm looking to take out a Heloc on a rental property I have. I find many lenders will not do a HELOC on a property that is not the primary residence or a vacation home so I'm struggling to figure ...
Carlos Silva
Velocity Banking for paying off mortgages
Has anyone tried velocity banking? Does this strategy utilizing HELOC really work on saving money and paying off mortgages much quicker? Are there any downsides to it?
Roshan K.
HELOC Interest Rates
Hello everyone,I'm interested in getting a fixed rate HELOC, but am first curious what kind of interest rates people are getting?I'm finding approximately Prime + 1%, so as of now, 5.25%. What interest rates are you g...
Eric Chiu
Should I get a Home Equity Line of Credit to payoff mortgage?
Hello BP members!Here is a break down of the properties that I own and how much I have left on the mortgage:Primary Resident250k 3.375% 30yr fixedInvestment Property50k 4.25% 15yr fixed110k 4.375% 30yr fixedMy questio...
Roger Mbah
Refi or not?
Hello, I'm new to the platform and have a newbie question. So I've been in my primary home for 2.5years. When I bought it, interest rates were really good so I ended with an interest rate of 2.83%. I also did some reh...
Brandon Wallace
Looking to buy my second investment property
So over 2 years ago I bought my first investment property. It’s an upper/lower duplex that me and my fiancé live in while renting out the upper unit. We are looking at getting another investment property. We don’t hav...
Shane Smith
How to use a VA Loan to begin investing in rentals
So, recently I have found the bigger pockets podcast and they’ve done a really good job if getting me hyped up to do rentals. I got this idea in my head that there’s a way to use a va loan to start getting rentals. Th...
Matthew Trevino
HELOC vs HELoan. Anyone have tips for using equity on a primary?
Hi there I have primary residence that I would like to access its equity to begin my first RE investment. I have came across HELOCs and HELoans but not sure which would benefit me best? I am leaning towards the BRRRR ...
Justin Jacobs
HELOC and Refiance Options
Hey everyone really need some help trying to bring my investment to a full time level. I own 3 units currently. I'm trying to get a HELOC on my 1st investment property after an appraisal I will have 80,000 available i...
Van Ngo
Mortgage Requirement Without previous 2 years of W2, HELP!!!
Hi everyone, first I just want to say thank you for your info and guidance as I'm new at this.
I was trying to refinance and eventually get a second home, I was informed by multiple lenders that my income won't quali...