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...
Andrew Martel
HELOC/S8 Strategy - Am I Way Off?
Hi BP-So I've been tossing this idea around for quite some time now and I'd like fo you guys to poke holes in it/educate me if I've missed something. Here it goes.I'm planning on going into section 8 as a method of p...
Cameron Jensen
Using 2 HELOC's to Purchase my Next Rental Property?
Hello,My name is Cameron Jensen. I am a newer investor from UT. Big fan of the podcast, and I'm excited to continue with my Real Estate journey. My wife and I moved out of our primary residence a few months ago into a...
Matthew Schellberg
Financing Advice - HELOC or Life Insurance Policy
Hi All,I am looking for second property (house hack) and wanted advice on financing options. I have ~$160k in equity for my out of state property with a great interest rate of (2.8%). I have ~$20k in cash to dedicat...
Tricia Holway
HELOC on a second property
Hi everyone, I'm looking for some advice as far as HELOC goes. I have a property in Washington state that has built up some equity so I called some banks about a HELOC and they are telling me that they do not lend a H...
Ali MirRasekhian
Thoughts on HELOC for rehab
I'm looking at purchasing some BRRRR properties and have been running into high interest/high fee hard money lenders who also have minimums that some of the properties don't meet. I'd love to hear feedback from the c...
Wes Rice
Turn Rental into Primary Residence for the HELOC?
To avoid the potential of wasting more time in trying to figure this out all on my own I am humbly requesting help. I'm currently planning to move into my rental property in June/July 2021 in order to do some renovat...
Jeff Smith
Tax Deductible for HELOC from an Investment Property
Hi BP friends,I applied for a HELOC on my investment property, and I'd like to use it as contingency fund when I need to invest in another investment property in future. May I know if the interests from that HELOC is ...
Mark S.
HELOC Arbitrage for Down Payment Next Rental
Considering some HELOC arbitrage and essentially buying next rental property with practically “no money down.”AHP Servicing: 10% preferred returnCurrent HELOC Rate: 4.49% variableAHP net return: say 7.5% (after taxes ...