Jeremy F.
Leveraging Primary Residence Equity for First Rental Investment
For a first time real estate rental investor, is it a good idea to pull out equity from your primary residence in the form of a refinance, HELOC, or home equity loan based on today's current rates to fund your first p...
David Vitarelli
Type of loan to use for cash-out refinance (not Fannie/Freddie)
Hello Group. I am at a point where using conventional mortgages (Fannie and Freddie) is no longer an option. I have been exploring the use of a fixed 20 year commercial loan at 6.44% OR a 5 year LOC with a variable ra...
Michael Rhodes
Looking for best HELOC terms and rate to borrow on existing renta
I am 38, married, and have 1 rental home. It was my primary until 2016 when we moved to a bigger house and started renting this home out.I'd like a 2nd rental property, eventually 4-5 is my target. I'm an engineer f...
Kyle Seidel
Best banks for First Lien Heloc's in Green Bay and/or Wisconsin
I have recently come across a strategy that would shave my mortgage from 30 years down to 10ish years. I would basically convert my mortgage into a first lien Heloc. A calculator to see if this strategy would work for...
Sean Starkey
HELOC help man i want help so bad
I took out a 180k HELOC on my primary and didnt have a good exit strategy. I used it to buy my STR in yucca valley and its doing well so it was a good purchase! I really want to find some lender out there that can mak...
Neal Ward
Where should I go and get the money for my first flip?
I have a couple rental properties, but now I’m getting the itch to start flipping. My credit score is around 780 and I have been on my job for over 5 years. I’m wondering if should go to bank, mortgage broker, or hard...
Martin Silverstrim
Debt free other than mortgage....HELOC for investing?
We're purchasing our first rental at the beginning of 2020. I'm funding that through cashing out some stocks and using some savings with a 30 yr mortgage. Hoping things go well and looking to purchase another prior to...
Brandon Combs
Looking to get a HELOC from my home to start investing.
Brand new to real estate investing. I own a home and have good equity in it so I’m thinking of getting a HELOC from my home to help buy my first short term rental property. I don’t have much cash to my name so would...
Brandon Del Boccio
Approved HELOC Rate
Hey all, happy Friday! I was approved for a non term HELOC loan for 100k at 7.5% variable rate. Looking to start my first short term rental in the Saint Augustine/butler beach/crescent beach area. For those of you who...
Andy Chen
Cash out refin after construction and keep primary mortgage
Hi all, can I have your wisdom?I have a small multi with 30 yr 3.375% fixed. Also I have a helec on it to fund the ADU construction. Anyway I can cash out refin after construction without losing the primary mortgage?T...