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Results (10000)
Benjamin Voorhis Not sure what to do with line of credit
17 November 2015 | 2 replies

Hey all, I am a beginning real estate investor and just received a line of credit from a private lender for 100k.  My wife and I have about 40k in savings for just real estate.  I am honestly not sure what the best ro...

Thomas Rodgers First time home owner
3 October 2023 | 5 replies

Looking for some advice. Trying to make a long story short, after 2+ years of listening and learning about real estate, I finally made my first purchase. I spent those 2 years paying off debt and trying to build an em...

Carrie Eaton Home equity Loan/Line
1 June 2023 | 7 replies

Hello! I lived in my 2 br 1ba single family home for 5 yrs. I want to rent it out and buy a duplex. I took the first step by calling a local bank that I use for my business account. I asked about a home equity loan or...

Josh Deel Can I Use Equity Multiple Times To Invest In Real Estate
25 December 2017 | 8 replies

So I'm seriously planning to expand my investment portfolio in 2018.  I currently have around $450-500k in equity. My question is, if I were to access this equity via an equity line of credit from "lender A" to use to...

Rickey Wiley Cash Out Refinance or HELOC
5 June 2019 | 9 replies

Hello BP Family,I have been searching the forums for my needs when it comes to financing my next property and I'm still stuck at which decision to make (Side note I am an active RE buy-and-hold investor). Here is the ...

Sally O. Install gas line and new gas stove???
10 July 2022 | 15 replies

Hi all,We just renovated a home in a nice neighborhood.  We got a renter for $1,300 a month.  She asked about a gas stove.  We just got a gas line and a new furnace.  Should we put in a gas line for her and buy a gas ...

Paul Dario Jr Evaluating my option with HELOC's
5 June 2022 | 3 replies

Hey BP. I'm evaluating my HELOC options. I've applied with two banks/credit unions. Here are the details:Bank #1: approved for $98,600 @ 6.15% for 360 months. Rate is variable monthly. I don't believe an initial draw ...

John L. Primary Cash-Out REFI to Buy a Rental Property - Tax Deductible?
8 May 2019 | 4 replies

I'm looking to purchase a rental property and one financing option would be to do a cash-out refinance of my primary home and use those funds to buy the property.In this scenario, can I deduct the mortgage interest on...

Lance Borden House needs new HVAC and gas line - need estimate?
21 January 2015 | 6 replies

I'm evaluating a home that needs a new HVAC system (never had it) and a gas line (currently uses propane for stove, etc.). How much should I estimate that will cost, and are there any gotchas that should make me walk ...

Paul Klempner Pros and cons of cash out refi vs. HELOC
15 July 2021 | 4 replies

Hello, so I’m wondering the what’s the best way to pull from my equity to buy another property. So I have a current mortgage of 280k and my property is worth somewhere in the mid to high 400’s. So here’s my questions....