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Hi, Real estate Investors.
To finance my first investment I am looking to use the HELOC program.
Have any of you used this process ? and what was your experience and outcome using it for your investment (s)?
Thank...
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I just read an e-book called Replace Your Mortgage by Michael Lush and David Dutton. It basically presents the home equity line of credit as replacement for your personal or business bank account. They say it works as...
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Hello All!I haven't been able to find a clear and concise explanation; so I'm hoping those with an NFCU HELOC could explain. I understand that the payments on Navy Federal fixed and/or variable rates HELOCs are $100 o...
Hello.I'm working with a bank for a commercial loan and they are offering what I think is a variable rate every 36 months: Rate: WSJ Prime rate plus 0.5% (Currently 3.25 + 0.5 = 3.75%)
Rate to adjust every 36 mon...
Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...
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When doing cashflow projections on a prospective property, do you buffer your mortgage interest rate when doing projections? And if so, by how much and why?And have I made a big mistake by not doing so for my current ...
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So, here's what I mean:For simplicity sake, lets say both a HELOC and Cash-Out Refi have the same rate and I'm ignoring any closing costs. If I paid the same amount of money in the same amount of time, would either o...
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During the holiday season, we strategically adjust our pricing and booking policies to accommodate the high demand for Christmas and New Year's vacations. Our goal is to offer competitive rates and booking flexibility...
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Hello everyone My name is Juan I'm a new contractor in the Dallas area, I'm An avid bigger pockets podcast listener and I have a question regarding a new build, my father in law has about 300k in equity and I was won...
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Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...