Anyone knows which bank or Credit Union does HELOC on rental properties? I’m in New Jersey. Thanks!
Hello,I am just toying with this idea of investing into syndications using HELOC from my current rental as there is substantial equity which can be tapped into is that too risky? Appreciate your inputs Thanks
I bought my property last year September. I wanted to refi but I am unsure of the 1. the process 2. is it the best call? due to it only being a year and not much equity in it. I understand alot variables contribute to...
Hey Guys,
Thanks in advance for your response. I am in the process of trying to refine/mature my syndication vetting/evaluation as an LP and trying to clarify some of the more tricky terms in the PPM or OM of the de...
I thought I might see a little more about the new Canadian mortgage rules and how it's effecting investors, I would imagine this is more an effect on the smaller investors but I also wanted to know how they were findi...
An agent shows me a deal. I buy the note for a multi family for 18 months. I attract all income with the current tenants already established in the property. Is this a good deal for a first time buyer?
Hi, I just spotted a 4-family room which makes sense for me and my credit union is offering a conventional loan mortgage for 5% down. Here are the two options the lender offered to me:
- Option 1: 30-year conventi...
If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...
Hi Everyone,I am looking to refinance my 1st rental property that I bought 3 years ago in order to get a downpayment for a 2nd one! I have my primary residence mortgage and the rental property mortgage both through a ...
When figuring out a MAO, where do I get an idea of the buyers fixed costs? I know each buyer may have special agreements that may make his or her fixed costs different, so how do I go about getting this figure from a ...