Neel Shah
HELOC or Home Equity on Investment Property (in MA)
Hello,I have several rental properties in MA and have build equity into them.I want to get HELOC or Home Equity Loan against my investment properties. I prefer not to do cash out refinance since interet rate on these...
Shamar Armstrong
Using a home equity loan to buy another home: Good or Bad Idea?
I live in New Jersey and have had my condo on the market for a few years now, off and on. I do still live in it. It's not selling because I am also in an affordable housing program with the township and can only sell ...
Jessica Higgins
Is there an alternative way to get the equity out of my house?
I owe around $162,000 on my home but the value is now about $204,000. My credit score is in the high 500's, largely because I have all my credit cards at their maximum left over from Christmas, I just paid them down t...
William C Bruckner
Cash out of a rental without showing income
Hello all,
I have mixed use building with 100% equity and multiple years of rent history. I need to pull out cash to perform maintenance on the same property. I can't show income, but my credit is in the 650s. DSCR?...
Chris Schmeltzer
What is the best way to get started with only $10,000 to invest?
Hey everyone, first post. I am buying my first home this week for my personal residence. Once this is done within the next year I would like to use other savings (roughly $10,000) to begin investing in rental property.
Michael Weis
Question about BRRRR strategy
My plan is to buy a property cash approximately $40k-60k range requiring about $25k-30k worth of rehab with an ARV of approximately $115k once work is complete. Monthly rent in the area I am searching is $1050-1200. ...
Camilo Chiriboga
getting ready to purchase my first rental property
i'm getting ready to purchase my first rental property but I'm running into some issues, I own a home ( I live in) which has 100,000 in equity and I will like to use that money for down payment or just buy a property ...
Juan C Velez
BRRR without the rehab?
I just purchased my first investment property and got it rented out a few days ago. Since it was my first investment property, I wanted to go through the entire process in the most straight forward way as possible bef...
Courtney Dettlinger
Should I use home equity loan & how
I own my current primary residence & have about 140K in equity. The plan is to purchase a new home & keep current as a long term rental. The new home needs remodeled for about 150K. Trying to decide if we shou...
Paolo Scamardella
Home Equity and Divorce
Hello everyone,
Unfortunately, I'm going through a divorce, and I need to either sell the house or pay my ex out. I have been reading a lot about investing, and even though I'm going through some tough times, I think...