Is it better to buy an investment house using money from home equity or with your own money for a down payment? It looks to me the intrust rate is the same so I would just have 2 loan instead of 1 loan.
Hello BP! First time poster here, So I've got about 130k left on a condo worth 260K and I want to pull money out for a new home. Would it be better to refinance the mortgage or take out a home equity loan? Some sites ...
Hi all,Thanks in advance for reading. Hoping to get some info on ideas for getting money out of my primary residence so that I can improve it.I purchased the house for $1.75M. I put 20% down at time of purchase. The h...
Has anyone recently had luck getting a home equity loan or loan collateralized based on rental homes?I have two properties in Marietta, GA which are both conventionally financed. Wells Fargo would go only to 60% tota...
Is it possible for someone who has purchased a home via seller financing to get a home equity loan on that property?
Iam trying to get a home equity loan on my personal property. I own it free and clear worth about 80000 to 100000 in north east Texas . Trying to find a loan company credit is good had some late payments when wife pas...
I have an investment home that is worth 430K. Its equity has doubled in the last four years. Should I take a home equity loan to take money out to invest in a new property? I would really like to by a MFR, but I am no...
Hey everyone,
A problem that I run into occasionally when searching for investment loans is the tenant/owner occupied ratio in condos. I'm curious if there's a way around this by doing a home equity loan to finance ...
I am considering to invest in a commerical property with great cashflow but do not have enough for down payment (100k). Even with the home equity loan payments at current interest rate, the cashflow is still positive....
Hey everybody We own 8 rentals in Philly, we are looking to pull some cash out or get a HELOC in order to continue scaling. Our main issue is these properties are owned in an LLC. Does anyone know of any lenders that ...