This may be a rudimentary question, but if you own your primary residence outright, is it a good idea to pull out at HELOC on your home so you can acquire property, rather than going with the traditional loan or a har...
I own a single family rental property. I have had it for three years. I am "assuming" there would be equity by now... maybe I am wrong ??? I would like to buy another investment property; I have saved around 10k so fa...
If you open up a HELOC from the equity on a SFH and then decide to sell the SFH a few years later what would be the monetary consequences if any? Does the HELOC prevent you from selling if you have a HELOC open on the...
I owe 110,000 on our personal residents that was just appraised at 260,000. Now I'm new so this might be a silly question but here it is. If I took out a heloc on 80 percent of the 150,000 now and the housing market d...
I was recently approved for a $50,000 HELOC at an extraordinarily high 8% for 480 months. I'm paying off a current $27,000 HELOC at 4.75%. Is it possible that I can agree to this new HELOC and turn around and get it...
Hi-I want to get some thoughts on the pro/cons of a HELOC. I have a general understanding of how it works, but would it be a good idea to use a portion of it towards a down-payment or pay the house the house + rehab i...
What do you have to pay upfront to get a HELOC? And is there a certain amount of the original mortgage that has to be paid off in order to qualify for a HELOC?Thank you.Charlie
I applied for. HELOC on my primary residence and was approved. I have 3 days to rescind. I don't have a deal lined up but searching. Should I have waited to find a deal first before applying for HELOC?
hey guys just wanted to know if this was a good idea. I own a home with equity and am able to get a HELOC for 150k first year fixed rate. I Have a multi family house I been looking at for 109k. Would it be a good idea...
Is there a bank that will do an equity line on an investment home in Florida? does anyone know?