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Hi everyone,Has anyone ever done this:Purchase a home with 100k (or whatever number) cash.Once the home is acquired take a home equity loan out against the house to help finance the rehab. For example, if your rehab w...
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Hi Fellow Note Investors,I own a NPN where the market value of the house is actually large enough to cover the UPB + all the accrued payments and fees (3 years). However, I want to be the nice guy and modify the loan...
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How hard is it to get the selling agent/seller to accept a 203k loan? Would the majority of them be REO homes due to very poor conditions? I noticed on the MLS most homes that need major work only accept cash. Thanks.
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I'm debating on whether to use a HELOC or a Home Equity Fixed Rate Loan to finance a garage conversion ADU. I am in the process of getting bids for the 350 sq ft garage conversion ADU, but I'm expecting 70-85k. Could ...
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Hi BP community,
I'd like to tap my home equity to invest in a small MF and assume a home equity loan would be better than a HELOC given the rising rate environment. My questions are 1) is it possible to get a home e...
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Hello BP,I'm new to BP. Last few weeks I have read in few instances, some of the BP community members talk about Cash Out Refinance [COR]. I'm wondering when to COR vs Home Equity Loans [HEL]. 1. Which one has greater...
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Do any of my BP colleagues have experience or more info on a concept that I will refer to as equity loans with equity partners? This would be where Investor A owns equity in a property or several properties and allow...
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Whenever discussions come up to use home equity to invest in another new property one investor in our group is against it (but instead of putting in our own new money I think its a better option overall) any opinions ...
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hey all, i currently have a rental property out in orlando, FL. i’m looking to grow my portfolio and getting another property. my question is, which is the best way to do so. cash out refinance or home equity loan. th...
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(not sure this is the best forum for this question. Let me know if I should move it)I posted something along these lines earlier but thought maybe a more specific question would be better.Crazy market here but here ar...