Brandon Duff
Good Deal? Leverage? Please advise
A guy is trying to sell his moms property. Local Properties are around 180kHe wants 175kMom owes 140k on the loan.Downpayment they want is 5000I have about 40k ( leverage?)Rent in the area is 1100No Agent will be inv...
Vincent Carminati
HELOC: Good or Bad?
Hello,I have been trying to figure out a better way to purchase real estate without burning through cash.I’m considering opening up a HELOC on both my rental properties since their value has grown since purchasing the...
Ryan Hampton
Use HELOC for STR down payment?
I’m considering investing in short term rentals. I’ve been working on saving up a down payment for my first rental but curious about using a HELOC to take advantage of the equity in my primary residence for the down p...
Justin Lee
How do I open a Heloc on investment property in Louisiana?
Hi,My name is Justin Lee and I am a Realtor and investor. I own a duplex in New Orleans, LA and wanted to seek advice and guidance on getting a HELOC on an investment property. This home is owned free and clear. I do ...
Vera B.
LTV on rental property
Hello all! I don’t understand how on the podcasts and other investors keep talking about this 80% LTV helocs. As a rental property I have called a couple dozen banks and either they don’t finance rental properties or...
Alipate Moleni
HELOC rate/term comparison
I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
Jimmy Lieu
Does the HELOC debt acceleration method actually work?
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
A first-time home ...
Danny Abrahamson
Owner Occupied, Single Family, Flip
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $415,000
Cash invested: $70,000
Sale price: $735,000
My first pursuit to equity build out!
In the first year,...
Siddhant Pradhan
Prioritizing First 10 Properties for Out of State Real Estate Investing
I have been reading Long Distance Real Estate Investing - David Greene, and came across an interesting tidbit of information: Your first 10 (1-4, 5-10) property loans are Fanny Mae insured, after which your loan crite...