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Having a hard time getting a home equity loan, Heloc, or cash out refi for my current residence.
Have a primary residence with a In law suite that we STR covers the mortgage and then some. I have a LTR duplex, and a ...
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Hello all, I have two properties in Baltimore MD that I am trying to do cash out refi so that I can purchase another rental property. The two properties are valued at around 75k and 65k with no mortgages on it. I have...
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Hi. I'm a beginner investor here in Vegas. Hoping to get some inputs from the experts and experienced investors here. I purchased two SFRs back in 2012. One is paid with cash. I bought it for $120k and renting it out ...
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When i get a private mortgage, is there a way to get a home equity line of credit through the bank. What is the paper work needed with a private mortgage?Thank you in advance with your help!
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I am planning to purchase my first rental property this coming winter using conventional financing. While I save for a downpayment I have been analyzing properties for practice. When looking at properties and the retu...
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Hi all. Open for feedback here. I have plenty of equity in my primary residence to fund the purchase of an investment property. Buy and hold. Already own two rentals, this would be our 3rd. Very much in fav...
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I was hoping someone could discuss the pros/cons of obtaining conventional financing for residential properties (SFR/duplexes) with 20% down, vs. if able, closing with 100% cash, then pulling out equity via a loan or ...
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I am about a month away from closing on my first duplex in Queens, NY. The house will have approximately 300-400k equity in and I have another 120k in my residential home as well. As I read more on the forum, I'm cons...
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Hello everyone! I am beginning by real estate journey with purchasing my first multi-family home to rent out to section 8. Does anyone have any feedback or thoughts on which loan product to use? I have my primary re...
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Dear forum members,
Can you take a home equity loan out and use that money to lend out as a private lender?
Is that profitable in long run?
Thank you kindly.
Your feedback is much appreciated.
Best,
Sue