I’m new at all of this, reading & watching as much as I can. I’m 56 year old mom of 5 and a grandma to 1. Im looking to start investing in Realestate, have a stock portfolio which is not doing as well as I would l...
I would like to know how the process goes when someone pulls equity from a property and use the money for down payment for another property
So we took out home equity loan from our main residence to buy a rental property. Can I really take out home equity loan from our rental property to buy another rental property? I've read of it but I'm still not beli...
What have your experiences been like with Home Equity Loans? Positive and negatives; what caused you to use them versus other forms of credit?
I’m looking to get a HELOC on my second home which I’ve only used for a few rentals, it’s basically our vacation home.
It’s in a trust there’s no mortgage value $650-$700 wanted to take out $150,000 for renovation a...
By God's grace I have been able to put together 3 deals for my husband and son the past year - all multifamilies.Now my son has some cash saved up from his full time job -around 150K . I would like to help him to in...
We own a home that we are now accidental landlords on and we like it! So we got to thinking, HOW can we use the house to make more money? We refi'd and pulled out cash to fix it up, gaining higher rent. Even after pul...
My lender says you cannot take a home equity loan out on an investment property~ is that true of most lenders? Would it be better to pay cash, then take a mortgage out on it? Newbie here!
Does anyone know of any lenders that will look at an equity loan / line of credit on a personal storage garage? The building is on its own deed and is valued around $35-40,000. I don’t owe anything on the property. I’...
How much equity do you have to have in your home in order to be eligible for a home-equity loan? Is it a minimum of 20%, and for example if you have a home worth $200,000 and you owe $160,000 but have $40,000 in equit...