Matt Gregory
HELOC or Cash Out Refinance?
I am currently moving out of my primary house into another. I am going to rent my current house and after 3 years of owning the appraised value has gone up 100k. What is the most cost effective way to use my equity as...
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...
Joseph Lombard
Should i use a HELOC
at what point does it make sense to use a heloc on an investment property
would you use one to buy the property cash (house is worth $50k) not a lot of room for appreciation, but the rents make sense for me to sit an...
Spencer Howe
Small mortage vs using a couple helocs
Debating between a cash out refi but our rate would go from 2.8 to 3.1 or use an existing heloc we have and getting another on another property to raise 230k. We will be using proceeds from a upcoming sale and doing a...
Kevin Schayltz
HELOC Advice - Finding the best deal. What to look for?
Hello,I'm looking at opening up a HELOC on my primary residence to use as seed money to start investing. What are some of most important things to look for in securing a HELOC? Who are the best banks to get these type...
Lori Greene
Advice on Refi-Cash Out or HELOC to fund investment property.
I want to hear from anyone who has bought an investment property using a Cash-Out Refi or a HELOC.1. How restrictive do you feel each of these options are?2. What are the benefits?Looking for mortgage experts in refin...
Arthur Kraamwinkel
Heating costs Northeast
Does anyone know how many BTU's it takes for the whole Northeast heating season per square foot of building?
Trevor Martin
Assessing Rental Rates Tip
Hi all,
I currently own three SFRs and I'm always looking to add more, but one of the most challenging aspects is determining how much rent a property will pull in. I wanted to share a site I've found very useful for...
Pete Storseth
Back on BP after a years away
I began my journey in 2019 and started to aggressively search for properties to either hold, wholesale, quick flip.When covid started, I didn't let it faze me but had to take on other work and got distracted. But I'm...
Kenny Kim
Cash flow vs. Interest rate
Hello,
Currently I have $150 cash flow monthly from a rental property with interest rate 3.0%, and I would get >$400 cash flow if I do refinance (of course, higher interest rate for sure). What would you do? keep...