I recently bought my first home (primary residence) with a no money down VA loan for $135k. I got a low price because it was an estate sale and VA appraisers appraise no higher than the VA loan amount. My neighborho...
Hello BP members,So I have been gaining my education on real estate investing through BP (thank you all I can't express how awesome of a community this is) ], reading books and other searches on the internet. I have b...
I am looking into ways to increase my capital to finance a down payment on a rental property. I was hoping to get some guidance on probably some fundamental questions before going through the hassle of talking to loan...
Hey BPers-I am beginning to search for my first deal which will be a flip. Before I go full steam ahead, I need to line up my financing. I have been researching and talking to my mortgage broker about obtaining a HE...
I'm looking at getting my 2nd deal which would be my first multi-family unit. We found a market that fits our criteria - side by side du-quadplex at <$200k. To finance this property, I was going to do a HELOC on my...
If you had a paid off primary residence and wanted to tap the equity to buy rentals, would you:
A) Get a regular HELOC
B) Get a HELOC all in one (First position HELOC)
I don't want to do a refinance to a tradition...
Hi All, new to real estate and could use some advice. Would you HELOC in this situation? I have a rental property in Las Vegas that is currently valued at $550K, I have about $220k in equity on the house and it's curr...
So I applied for a Heloc and only got approved for 21k with 6% interest. I haven't take the offer yet. I feel that this isn't enough to start out. I saw a post on BP about a lender call fundwise. Can people tell me mo...
Hi BP! I currently live in a SFH that I bought with an FHA loan and house hack by renting out the spare bedrooms. I saw this as my "starter home" and did not buy with an REI career in mind. Now that I know more, I wan...
I got a HELOC on my primary residence for 350k in 2021. The home had over 1.5 million in equity at the time but that was all they would offer. I used it to purchase an off market deal and am about to refinance to pa...