Kaity Pari
HELOC or equity loan ?
I am one of this who is always looking for a good Real estate investment..
I have a lot of equity on my primary residence.. how does equity line of credit work ? What I would like to do is if I see something interest...
Steve Holly
Is there a better way? Need a HELOC for an investment property
I have a really cool situation where I'm acquiring a SFR in a major tourist destination town. I will own the property free and clear. It needs some cosmetic renovation but I'm having a hard time finding a lender for...
Michael Augustin
Lender HELOC Closing Fees?
What are you guys seeing for closing fees with your local Credit Union. I found a lender that does 80% LTV on investment property. I recently applied and their closing fees were $3K for a $170K loan at 5.24% HELOC. I...
Brie Schmidt
HELOC payoff strategy
Twice recently people have told me of this new strategy to use a HELOC to pay off your mortgage faster. You essentially take out a HELOC to pay off your first lien, and then use that account to direct deposit your pa...
Jason Ngo
HELOC or Traditional Loan for first property?
I am looking to buy another property for $350k and rent out my current house for $2400/mo. The bank has approved me for a HELOC of $100k with 4.5% variable interest and the origInal plan was to use the heloc to put th...
James Ahern
HELOC on House to BRRRR another
I am wondering if it would be viable and beneficial to take out a heloc to BRRRR other properties. I have this house almost paid off and would like to use some of that equity for other deals. Would I be able to take o...
Dale Miller
Is a HELOC a good choice in todays....
Is a HELOC a good choice in today's market with such few supply and greater demand. the buyers with cash offers are usually the winning bidsWould probably give you a quicker transaction and more leverage when negotiat...
Benjamin Nelson
Using Heloc to buy multifamily
Im currently in the process of buying a 4 unit house with a heloc on my personally house. The heloc is a fixed rate however interest only for the first 5 years unless I choose to make additional principal payments. If...
Santosh Bobbili
Is it a good idea to buy investment property on HELOC?
Hi,
I am a new real estate investor based in LA. I have recently closed a townhome in LA and producing some cash flow out of it.Now I feel am ready for another investment, but I don't have enough cash to put 20% down...
Jordan Ray
HELOC Recommendations for investing!
Hey everyone!
Looking for recommendations on a company to obtain a HELOC with to use for rental property investing. Since it sounds like not all HELOCs are created equal what would you recommend for a HELOC to use fo...