I have been researching different finance options for my rehab projects. Hard money is my obvious last choice due to the high cost. I was thinking just borrowing from family members (maybe at 8 to 10%), no paper work ...
Are there any Lenders still doing HELOCs in 2021? Most companies advertise HELOCs on their websites, only to tell me they have stopped doing them once I call. Any recommendations?
I have used a Heloc from my primary house to put a down payment down on a rental. I got that far. Now, however, I can't find any articles/guidance as to how to pay the mortgage and the Heloc. I know to put my salary...
Hi folks,Long time lurker, first time poster!I have a HELOC on my Texas primary residence and am considering a house hack for my next purchase. However as Texas only allows a HELOC on your Primary Residence, I don’t w...
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...
I was listening to a Rod Khleif podcast the other day and he said during the last recession the banks froze heloc loans. He also said to secure your Heloc loan if the market does drop by putting it into a different ba...
Sorry, pretty green here... I've got around $175k in equity in my personal home. I've easily been approved for a $75k HELOC. I'm working on finding/buying my first rental property and the HELOC would be my main way to...
First-time homeowner and BRRR. I have owned my duplex for 18 months now. One unit is renovated and rented, and I occupy the other unit. I have significant equity in the home because of a large down payment. I am looki...
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
Hello BP Family, I recently opened my first STR property, which is owned free and clear. I'd like to use the equity to invest in additional properties and received the below loan terms from my local credit union. I'm...