Ryan Jacques
Advice - Line of Credit on a STR
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...
Daren D Wagner
Cash out Refi vs HELOC?
This may be the type of question a few of you may call me an idiot for asking, but give me some slack here, this is my first ever investment property. I have been searching around Bigger Pockets and asking friends/co...
Mike Flora
HELOC and Seller Financing
I'm working on a seller financing situation where my seller states he only has a small HELOC on the property. Am I able to give him a down payment and transfer title to me and my seller still have the HELOC on his par...
Chris Stephens
BRRRR Method Financing Question
If I use a HELOC to buy a property outright and also cover the rehab costs, can I then refinance and pay the HELOC back without incurring the higher fees associated with a cash-out refi?
Esther Li
Different type of HELOC?
Hi, so I have been learning from post like "how to pay off the mortgage fast with HELOC account", basically it explains that get a HELOC account acting like a checking account can do direct deposit of paystubs and oth...
Tyler Fairbanks
DFW area 1st lean HELOC suggestions
Does anyone have suggestions for Lenders that Will do 1st or 2nd lean HELOCS in the DFW Area. 1st would be my preference. I have checked with several Local Credit Unions that do second lean HELOCS and the best rates...
James Quigley
What HELOCs are you all using June 2023? (I'm in Seattle area) with 3 houses.
What HELOCs should I apply for?
What are the best you've found & why?
What should I watch out for?
Mike Smith
HELOC on Investment Property?
Hi, I have an investment property with about 50% equity in it. I am interested in leveraging the equity to do some more real estate investing. I have approached a few banks (including the current mortgage holder) an...
Jake Williams
HELOC on Rental Property
My wife and I are nearing completion on the renovation of our primary residence in Eden Prairie Minnesota. We planned to get our home reappraised and take out a HELOC against the equity (~$100k). I am having conversat...
Rachel May Bailey
Can you buy a performing mortgage note with a HELOC?
Question: If you can use HELOC funds to buy rentals for your business, can you buy a mortgage note the same way?What I have heard in the networking scene: Investors are using HELOCs from their personal residence to ha...