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...
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...
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...
I'm trying to research the best way to go about this. I went on lendingtree.com to get some refinance quotes, and now my phone won't stop ringing. My question to you fine folks is, what is the pros and cons of going w...
Hi Guys!Question in regards my primary residence HELOC. My husband and I recently got the HELOC and plan to rent out our home and move. Technically would our HELOC close once we apply for a mortgage through a new lend...
Hi BP! I’m looking into getting a HELOC on my primary residence since I have significant equity mainly due to the current market. I’d like to use it as a down payment or cash purchase for my first investment property ...
Hey BP! My wife and I are now up to three properties and are brainstorming some of the creative ways to raise/leverage capital. I have about $160k in equity from my first home and am considering a HELOC in order to hu...
Hello,Does anyone know any banks / credit unions that are doing HELOC / equity line of credit on investment properties?I know First Tech and PenFed are, but they both have a limit of 4 financed investment properties, ...
Hi, I am located in Southern Utah. Recently, with some life updates, I have considered upgrading to a bigger place. Right now, I own a 3 bed 2.5 bath townhouse with equity of around 149K. If I rent it out as a whole u...
Need feedback please. After the rehab is done on a property and the tenant moves in, I have gone back to my loan officer and refi using a HELOC. Is this the best method or just do a simple cash out refi ??? I don’t...