Hello everyone, so im thinking about using a heloc to tap into one of my properties equity and using that to acquire another investment property what i would like to know is how long does it typically take to pull a h...
Hi all,
I purchased a rental house back in Dec. at a low interest rate and using a HELOC for down payment and rehab costs. With interest rates rising and those of us with HELOCs with variable rates, what's the strat...
Hi All,I took a HELOC for ~$60k on our primary residence to fund a renovation on a rental property. My wife and I are planning on moving next year and we want to keep this house as a rental. Question is: If we decide ...
Hello everyone! I am beginning by real estate journey with purchasing my first multi-family home to rent out to section 8. Does anyone have any feedback or thoughts on which loan product to use? I have my primary re...
I've seen much debate over the true value of a HELOC, but my wife and I went ahead and turned our mortgage into a first position HELOC. Not only do we already have $14k at our fingertips, but we were offered the entir...
I currently live in Greenville SC and looking to purchase another single-family property as a rental. I have a significant amount of equity in my primary residence and looking to leverage the equity through a HELOC. I...
Does anyone know if there is any lenders can provide HELOC using rental properties as first collateral? I have a BOA HELOC for my primary residence, but they do not offer HELOC for rental properties.
I'm six rental properties into my investment portfolio and have HELOCs on two of those properties as well as my primary home. However I haven't used them yet other than briefly on a flip two years ago. I'm embarrasse...
A partner and I, both of who work a full time job, are looking to get into real estate investing. Focusing on a long term rental for our first property, we are just beginning our search. I have listened to plenty of p...
Complete newbie here.. I have a good understanding of how a HELOC and HEL works, however, I have no clue what are the steps to take once the funds are secured. With a conventional loan the lender takes charge of doi...