$48,000 HELOC taken out of rental property #1. Bought rental property #2 with HELOC, spent $26k of own money for remodel, property is cash flowing ($1100 rent-$142 HELOC interest only pmt-$60 insurance=$898. Estimated...

Is there supposed to be a waiting period between when someone closes a HELOC and applies for an investment mortgage? I'm about to close on a HELOC to be able to make cash offers, but if the house can be underwritten c...

I have an investment property in Chandler AZ
Appraised value $300k
Loan current balance is $130k, at 4.25% 30 yr fixed.
I put 25% down back in 2015 for it, and has just been going up since then.
To invest in more ...

Hi all. Apologies if this topic is addressed in another part of the forum; I've checked through and couldn't find anything which specifically addressed my question. I am a young investor with no experience when it com...

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...

Hi all and thanks BP for all the HELOC posts and answers.Hopefully this will contribute for others coming in just like I did with no clue how to or what to do.After calling around to nearly all the local banks, it's a...

I’ve been trying to figure out a way to purchase more rental properties and grow my portfolio. I currently own two properties that cash flow nicely, plus my primary residence which I have ~$70k in equity. I opened a H...

I have been doing my research on BP for HELOCs.   I wanted to post this to check my knowledge and see if i am grasping everything correctly along with find out the different exit strategies and results of the exit str...

I'm just starting out and would be incredibly appreciative of feedback on something I am a tad confused about. I have a primary residence with a fully paid off mortgage (I am very grateful for this but at the same tim...

Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...