Gordon Lu
100% LTV HELOC with Turnkey Properties
Hello, I am new to BP and thought I'd share my plan for some feedback. I currently have three rental properties and am in contract to purchase a fourth. The first two are roughly 130k value and have owner occupied mor...
Megan Lamke
Financing options for our first investment property
We are looking to purchase our first investment property. My husband is hesitant to do a cash-out refinance or a HELOC in case the value of our home doesn't say high. How have you reassured first-time investors? Alter...
Ryon Pax
HELOC Payoff Advice
Hello BP Community! I'm seeking advice on the best way to pay off or pay down my HELOC. I have 2 properties that were previous house hacks and have decent cash flow on their own. In 2023 my wife and I took out a HELOC...
Thomas J. Budka
HELOC Down Payment Advice
I know this has been discussed and I have read a few of the posts in the forums but my answer still has not been answered. In speaking with a friend, he mentioned using a HELOC from my primary residence to put money d...
Joe Engelhardt
To HELOC or not to HELOC? That is the question
So here’s my situation: I live in Oregon but I invest in the Midwest because of prices in my area. I currently have 2 SFH rentals on conventional loans and would like to invest in another soon. I have nearly $300k in ...
Tony Zhang
Use HELOC to invest single family or multiple family?
Hello BP Community,I have $100,000 HELOC available to invest. There's a $100,000 single family house and $200,000 multiple family that I want to invest. I have a few question below, hopefully someone with experience c...
Account Closed
Ready to refinance and repeat
I purchased my first home, repaired and have a steady renter in place. Now I'm ready to refinance and purchase an investment. Does anyone have leads on a HELOC?
Serg Kap
Home equity line of credit
Very new to me. HELOC Who else has taken a "home equity line of credit " in order to speed up the process of paying off home earlier. I heard you can pay off your home 5-7 years. New to me would like to hear some w...
Aaron Gallington
Can I get a second heloc on primary residence
So I have a home we built 5 years ago. We have a 480k mortgage on it, we have a 400k heloc as well that I use for investment purchases and then refinance after we fix up to pay the heloc off. I have done this with 3 p...
Rhyna Orillaneda
HELOC to buy investment cash. What are possible exit strategy?
Hi all. Trying to put my financing ready. I have a primary home that has a lot of equity. Planning to use HELOC to buy cash for a property. What are some of the exit strategies to transition to long term loan? Appreci...