Tera Zeldenrust
Question about HELOCs
Hi BP forum!I am incredibly new to real estate investing, still in the "read all the books and listen to all the podcasts" phase. I've been hearing a lot about using a HELOC to invest in deals. We have a good amount o...
Michael L.
Heloc or something else🤔?
What's up BP Fam, I hope all are well🌞. Quick question; if you have a property that is paid off, can you still get a Heloc on that property to obtain an investment property or is there a better alternative? Proper tha...
Joseph Liechty
Using HELOC to pay off mortgage
Hello,Does anyone have experience using a HELOC to pay down a mortgage? Â I recently heard about this strategy and I'm intrigued. Â I don't understand how this is more beneficial than just paying more towards the princi...
Eric McLaughlin
Buying a house with a HELOC?
Hello all!Recently I’ve established a HELOC to purchase a property to use as a STR. I’m curious on the best way to do so and others experiences. Is it as simple as writing a check from the HELOC account? Or should I...
Ammanuel S.
HELOC Vs Refinance in Canada
What’s everyone opinions on HELOCS vs Refinancing? I live in Canada, and would like to use one of these methods on a mortgage free home with intent to invest in Real Estate with the money. With HELOCs right now in Can...
Adam Joseph Reed
HELOC on Duplex when it is a Primary Residence on a VA Loan.
What's up BiggerPockets! First post here. I have a question for you folks.In 2020 I bought a duplex for $300,000 with my VA loan at 100% LTV. Last year I refinanced it with the IRRRL at 2.25%. In the last few months t...
Chan K.
Refinance Cash Out or HELOC
Hello BP,I have a question:I own a single family now, but in the process of closing on another single family that I will be moving into. Can I take out home equity or refinance cash out as primary residence on the old...
Cory Collins
Is there a benefit from HELOC vs Hard Money?
Are there any benefits for using a HELOC over Hard money for purchasing a fix n flip? As i newbie without a lot of available cash one of the methods of ideas to finance a flip was to use a hard money loan that would ...
Jake Simon
HELOC on Investment Property in Ohio
Does anyone have any recommendations on a lender that will do a HELOC on a rental property? I have a property I own outright in the Cleveland, OH area and would like to set up a HELOC on. I've called several banks and...
Bagus A.
HELOC on Investment Property VS Residence Property
Hi all,I am thinking to utilize HELOC on the next purchase. Any thought on getting HELOC between our own Investment Property VS Residence Property (the home that we live on). Pros and Cons ?. I appreciate your opinion...