Ryan Fell
Creative Financing-HELOC and Cash Out Refi
Apologies if this has been asked before, please just point me in the direction of that post if so. Looking for creative ways to get a good chunk of cash for first property. We have the worst house on a good street. Ho...
Chris K.
Tax Advantage for using HELOC on Investment property
So, I scoured the forms, and I couldn't find anything on this. I would appreciate any thoughts you guys could share.
My thesis is: for certain individuals interested in buy and hold, it could make more financial ...
Phillip Davis
Heloc for down-payment
I'm looking to make my first deal and have decided on using my heloc for my down payment, is there anybody in Wisconsin or Madison area that has used this strategy? Is there any certain banks or credit unions that ar...
Michael DeVane
HELOCs on Rental Properties
After extensive research on HELOCS, I found only one bank (or credit union) that offered a HELOC on rental properties. They only allow a 60% LTV and a rate of 6.125% based on prime of 3.25 plus margin of 2.875. Is th...
Benjamin Dilg
Obtaining a HeLoc on a CT rental
Hey BiggerPockets family,I have a rental property in CT and am looking for a lender to take a HeLoc out on the property. I've called over 40 lenders in the area and still cant seem to find one which will even consider...
Joe Stout
HELOC Interest Only Payments
Good morning, wondering why my co-worker is paying $700 in interest only payments but has been told that he can't take out any money from his $130,000 Home Equity Line Of Credit (HELOC). Don't you only need to pay on ...
Kelvin Washington
Should I Refinance Free/Clear Property To Buy Another Property?
Hi all! I currently have a SFR Rental Property that I paid off late last year. I am very interested in doing more real estate investing, but this time, using the BRRRR Technique. So, instead of using private/hard mone...
Laurie Snyder
HELOC on investment property.
Has anyone gotten approved for a HELOC on their investment properties and if so with who?
Jonathan Joyce
Payoff HELOAN used to buy rentals?
Any advice here appreciated. In the last few years I took out a HELOC on my primary residence, used the funds for the down payment on two investment properties, then refinanced the HELOC into a 30 year loan (7/1 ARM) ...
Tyson Hosey
How difficult should it be to refinance one of my properties?
I have a rental that was a live-in flip. I'm at 63% LTV between a first and a HELOC. Both the First and the HELOC are in my personal name since I lived there for 5 years before moving and renting it out. Now I want to...