Hey, Bigger Pocket peeps, is it risky to use a HELOC to finance purchasing an investment property and refinancing to pay back the HELOC? Are there any CONS I should watch out for? I have a fair amount of equity in my ...
My living trust is on my home's title. In the past, when I have refinanced, the property had to be taken out of the trust and then immediately put back into the trust. If I get a HELOC, will the same thing happen?cont...
Hey all! Looking for some advice/guidance on whether or not to pull the trigger on a prospective duplex. It’s in a great market & neighborhood. Pre-inspection, it appears to be a solid opportunity. Great property,...
Hello,
I'm looking for any perspective as I have no real estate experience. What are the thoughts about using a cash out refi to pay off current mortgage, rent that property, and use cash towards new home? I'm brain...
We have noticed that there are a lot more properties on the market and the prices are much lower than they used to be. This is happening in a lot of different markets across the country. Has anyone seen any articles...
Looking to add a 3rd SFR investment property to my portfolio. I tried to do a conventional 30yr fixed mortgage but was turned down by my normal lender due to the tax write offs over the last year with my other propert...
Adjust accordingly!
What ever happened to dropping interest rates? I thought we were supposed to have rates that were more favorable? We got a small drop last month but nothing worth bragging about.I was thinking of doing a refi with dro...
The US economy has survived the past few years surprisingly well. But there's one huge threat on the horizon no one is watching. With layoffs and bankruptcies already starting to tick up, a new wave of misfortune coul...
Hello Bigger Pocket! 🎉I would love some help and guidance! I purchased a home in Dec in Los Angeles specifically Woodland Hills Ca. This purchase was not originally an investment, but my new goal is to use this as my ...