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...
Jake L.
Taking title and refi brother's property to gain 200K equity
My brother has bad credit and currently has a mortgage with an interest only variable loan on his primary residence. He asked if I could add my name to refinance the property to get a better rate (30 year fixed). Luck...
Geoff Nielson
Cash-out Refi vs HELOC
Last November, I purchased a rental property. The house sits on 2 city lots. I am very interested in building a new home as a rental on the empty second lot. I've got a builder lined up and now I'm just working thr...
Sammy Chang
Investment opportunity, need experienced advice
Hello all, fairly new to Bigger Pockets and real-estate investing. We purchased our first rental home (single family) and it was a seamless transaction that immediately rented at near 1% and required minimal turnover...
Nick Loref
Accessing my home's equity for a flip
Hi All, I'm new to this forum and very interested in doing some local foreclosure flips. I currently own a home which i just closed on a refi after living here 5 years, valued at 550k in which i have about 120k in equ...
Matt Ellis
Upgrade your modeling skills and your investor pitches
A Guide to Modeling and Overcoming Analysis ParalysisI am a numbers person by nature and often consider excel to my second home for my 9 to 5 job and so I can relate to those who find themselves wanting to exhaustivel...
Mariola Najmi
Financing first investment property
Hello,I'm trying to to find financing for a $250K investment property and best I could find was a stand alone home equity loan. This is not a HELOC, but a 30year fixed loan on the equity of my primary residence. It ha...
Sarkis Gezalyan
Investing in second property with HELOC
Hello all , Newbie here trying to understand how many mortgages I will be stuck with. Let's say I have a million dollar home, with 500k equity in it. I would like to pull this out with a HELOC and put it as my down pa...
Megan Hirlehey
Home Loan vs. HELOC to finance my first deal?
Hello,
I've found a deal I'm interested in (my first..) and am planning to finance it using the equity in my primary residence (currently, I have no mortgage on it so this would be the only loan against it). I though...
Megan Hirlehey
Home Loan vs. HELOC to finance my first deal?
Hello,
I've found a deal I'm interested in (my first..) and am planning to finance it using the equity in my primary residence (currently, I have no mortgage on it so this would be the only loan against it). I though...