Casey Botts
How to buy 2nd home?
Hi, I currently live in Novato, CA where we bought a home 3 years ago that has gone up quite a bit in value. I have no experience in real estate. We are considering renting it out and moving out of state for a year to...
Risa Mendel
Traditional Mortgage or Home Equity to Finance 2nd Property?
Hey all,
So here's my situation:
1) About 2 1/2 years ago, I partnered with my mom to buy a duplex in cash for $140k, intending to live in one side and rent out the other. We put an additional $17k into renovations...
Nathan Frost
Personal Loan or HELOC
Hi, where is the best place to get a personal loan for about 20k? Need to pay off two high interest credit cards. Also, who does HELOC loans? Comerica told me this but not sure it is right.Hi, I am a title speciali...
Justin Tanoue
Rental Property Equity
I own a 2/2 rental property in Las Vegas. I purchased it for $42,000 cash but today comps list for $50,000 to $60,000. Is there any way I can access this equity to purchase another in the same building?I applied for a...
David Hess
Cash out refinance lending question
I have got some conflicting information about whether we can do a cash out refinance in our situation and am seeking clarification.Here are the details.Our primary residence is in San Jose, Santa Clara County were the...
Rabia Khan
Should i use part of a home equity loan to put a down payment on another house?
Should i use part of a home equity loan to put a down payment on another house to rent out?
Michael Morgan
Rent or sell primary residence
I bought my first house, built in 1999 (3/2/2, 1730 sqft, 0.13 acre) in Phoenix, AZ for 166,500 back in 2003 with 4.875% 7/1 ARM (now at 3.375%). I owe about $113,000 on it now. It is currently valued against 12 ...
Nicholas J.
Large Heloc now what???
I have a lot of equity in my home so took out a heloc to start investing. Interested in hearing if you had cash available via heloc what route would you go to financial freedom? I have 1 rental currently I bought 3 ...
Sheila Gonzalez
How to access equity for flipping?
Hi everyoneI have a question I hope someone can help me with.We own and live in a two-family house in Queens NY with about 500k in equity. I would like to buy 1-2 small houses to live/flip and rent out both the apts....
Samuel Cervantez
1st Investment Property With A Home Equity Loan?
Hello all, I am new on here and am wanting to get into investment properties. One question I have is how many of yall made your 1st investment purchase using a Home Equity Loan? What were the upsides and downsides?