Wesley Elliott
HELOC/ReFi or new loan for investment property?
My home is paid off and worth about $500k.I'd like to buy an investment property for about $300k.Is it better ReFi or get a HELOC and use the money to buy an investment property with the cash? Or is it better to get a...
John Ford
HELOC or equity loan
I have an investment property that has a crap-ton of equity from appreciation, about $250k in equity. My credit union will give me up to $100k in either an investment HELOC or investment equity loan, which I'm plannin...
Neel Iyer
ARM versus 30 year fixed
My goal is to get a conventional loan to buy and hold a single family rental to generate a positive cash flow. I am looking for a rule-of-thumb or general advice, not specific to my situation because there are so many...
Brian Kwan
How to Calculate Cash on Cash for HELOC?
Hello,There's a duplex that's going for $250k, with gross cash flow at $1900. Vacancy at 7% ($133), Insurance $70, Maintenance / CapX at 7% ($133), Taxes $75. I've got a HELOC that lets me borrow up to $63,000 at a Va...
Ryan Hampton
Use HELOC for STR down payment?
I’m considering investing in short term rentals. I’ve been working on saving up a down payment for my first rental but curious about using a HELOC to take advantage of the equity in my primary residence for the down p...
Sean T.
HELOC LTV's and Interest rates. Is there a best balance?
Hello all!I am very new to the site; just found it through the youtube channel. I am currently trying to do the homework related to the possibility of using a HELOC to finance my first investment in real estate: possi...
Steven E.
Is my cash flow projection way off?
Hi all -- I'm trying to build out some kind of cash flow projection formula for analyzing properties. I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.
For simplicity's sake, assume a $100K property renting ...
Aaron Gordy
will increase in interest rates boost rental rates?
It seems that rents will likely increase substantially if interest rates increase. That means that less folks will be able to buy houses and will become renters putting more demand on rental properties. Thoughts? In A...
Thomas W.
Has anyone used HELOC as a down payment for investment property?
I am looking to use the HELOC to take the equity from my primary residence and use it as a down payment for an investment property. I am not in a position to use the investment property as my primary residence to hous...
Katherine S.
HELOC vs Cash out Refi? And when is the right time to cash out?
We own 3 identical homes on the same block, purchased 3/2015, 12/2015, and 10/2016. The first was a short sale, and was purchased as a place for our daughter to live in while going to college. She pays rent that is ...