Hi everyone,I own a cash-flowing duplex in Austin, TX, that I bought 8 years ago when rates were considerably lower than they are today. I've got about $525K in equity in the property, but lenders have told me that I ...
Hello all, first time posting here. We have a rental in Washington state. It is almost paid off. We would like to take out 90k of equity and the property if worth about 250k. What’s the best route to access the equity...
Hi all,
I have a 3B/3B condominium which I am renting 2 bedrooms with the 2 bathrooms.
The Laundry unit is located inside the Master room, therefore this tenant (A), only has access to the laundry unit. This tenant...
I found out that the Credit Union I bank with offers 95% LTV HELOCs. I am taking this route to avoid losing my 2.2% interest rate while still accessing my cash. My application is currently processing and should be abl...
Consider the following to have an easier time qualifying for DSCR financing: 1. Is the property in a Rural area (typically population sizes under 150,000) Most DSCR lenders cannot fund in Rural Areas. If it’s a great...
Hello! I am interested in opening a HELOC to tap into the equity of my house without changing my current interest rate on my mortgage. I have been shopping lenders for a few days and they offer varying numbers for max...
I'm looking for thoughts on how, or if, I should get access to the equity in a rental house?Situation: I own a SFR 3/2 in WA that currently rents for 1900/mo. It currently cash flows about $100. There is roughly $70...
Hi Everyone,My business partner and I are looking to get into real estate investing. We are in the very beginning stages of researching as much as we can. After doing some research and speaking with some people alre...
I have a small portfolio and am coming out of a bad health situation. Part of the impact is my credit was shot and I am rebuilding it. Refinancing seems almost impossible and I'm getting really high rates and only ab...
There are so many new/experienced investors that find themselves trapped in a “I have so much equity in my home, but my interest rate is too good to ever touch it” mindset. What if I was to tell you that you that a “l...