Weng L.
Max out HELOC before sell then 1031?
Hi All,
Will maxing out HELOC before selling exiting property cause 1031 to be denied by IRS? HUD-1 only shows the amount used to pay off 1st mortgage and 2nd mortgage (HELOC) but not the data of fund drawing from HE...
Megan Arzt
Heloc on an investment property in CO
I'm looking for recommendations on where to get a HELOC on an investment property that I own in CO. Thanks!
John Tomassacci
Which is better Refinance vs HELOC
I am currently searching for my next multi-family in the Clark Summit, Scranton or Great Bend PA area. I just finished a rehab in Great Bend PA and am trying to decide if I should ReFi or or get a HELOC on my latest ...
Betson M.
Can you take out a HELOC on an investment property in Texas?
Hello All,I recently moved to a new house and decided to rent my old one. I wanted to see if it's possible to get a HELOC on the rental property to buy another one? I refinanced to a mid 2% rate a few years ago and di...
Kazi Islam
Using HELOC to pay off mortgage or buy investment property?
Recently, I came across this program called, “Replace your mortgage” by Michael Lush. During my first call, they collected financial information and I was told I could refinance my existing mortgage into a HELOC and u...
Matthew Laubach
Heloc on a rental property
Is there any banks offering a HELOC on a rental property? I moved in with my fiancé and have renters in my house, and trying to get a heloc for a down payment to get to a second rental investment. Any suggestions are...
Albert Johnson
Need help using HELOC to buy investment property
Hi I am new to this. I am currently in the process of getting approved for HELOC. My question is can I use HELOC to put as a down payment towards another property even if my HELOC is less than the property I want to b...
Rafael Dimayuga
appropriate usage of HELOC
Hello,
I used a portion of my HELOC a couple of years ago to invest in a property development. That property won't sell for another couple of years and I messed up and didn't lock in when rates were low and am now pa...
Ron Gallagher
Best method/order of obtaining 3 mortgages/HELOCs so I get all 3?
I want to make sure I apply for 2 HELOCs and a 30 year fixed mortgage in the right order so I am able to get approved for all three. Here's my situation-- I currently have two mortgages that based on my current incom...
Samantha Derman
HELOC for Fix N Flip in LA
Hi all, looking for advice before I pull the trigger on a HELOC on my own home. My goal is to use the money for fix n flips. I definitely qualify for a good chunk, but trying to decide if it's better to get an interes...