I currently own a home in Riverside County, California (East of Los Angeles). My house is appraised at $450k and I owe $240K currently. I was reading about doing a HELOC in order to make a down payment on another prop...
Hi everyone, I am fairly new to bigger pockets and most definitely a novice with REI. I have been so engrossed with this website and the wealth of knowledge that is freely shared. I happened to stumble across this si...
Currently own a two family and a single family. I have enough saved to purchase another multifamily going the conventional loan route.I have considered doing a cash out refinance on my two family to leverage the rough...
It would be good to have the cash I need at my disposal to use at moments notice. My investing partner keeps bringing up how I should get a business line of credit to use as cash to buy homes. My thing is, which is be...
Hello everyone! Complete newbie here so I'm starting to research and get educated so that I can buy my first investment property this year! I'm in San Diego, CA and my primary home has built quite a lot of equity. 3 y...
I want to take HELOC 40K line on current primary home with Market value of 620k and equity of 180k.
I also want to move out in 3 months after purchasing new property as primary and making current one as rental.
so w...
Hi BP! I am looking into making my first real estate investment on a buy and hold property, preferably out of state. I am currently in escrow at the moment for a property that will be my primary residence. I was looki...
Hi,I am a remodeling contractor in the northern virginia area.I have been wanting to flip properties for a few years now and been thinking of using a Heloc on my personal property .I would like to get some feed back o...
Apologies if this inquiry already exists. I just completed my first BRRR in Philadelphia and am looking to take a HELOC against the investment property. Anyone have a good vendor to use? Local or national.
I have about 300k in equity in my single family home that I have never tapped into. I want to access this equity to invest into getting a second property. With interest rates on the rise I’m trying to decide if a Helo...