Hi all. I need some help. I have a condo that is payed off and I want to take out a home equity loan to use as a down payment on my first investment property. The property appraiser's website says my condo's "Just/Mar...
Hey guys, I am new to BP, but am very impressed with the amount of experience and knowledge on this forum and its members. I need some financial advice.I have 2 Rental properties where I am owner occupant of one of th...
Hello,Would you cash out by refi the rental, paying off your primary residence? Is this a double whammy proposition?The rental is a 4 units building located in San Francisco Bay Area.Property Value Money Owed ...
I receive multiple of these letters in the mail every week about "Pay off credit card debt with a no-fee, fixed rate personal loan". It always says I'm pre-approved for anywhere from $35k-$75k.Has anyone every used t...
I’ve been thinking of ways for my wife and I to quickly get out of the debt we’re in. Right now there are multiple things we owe on. We own our family vehicle out right so my thought was to take a loan out on our vehi...
Just got done at the local REIA meeting. The big fish has several rental properties and has maxed out at ten loans. He is looking to package his loans in order to acquire more property.He got a quote to repackage his ...
I want to take a HELOC loan out to purchase a 2nd property. We've been leasing out our house for 4 years now while we've been away and now we want to buy a 2nd property as our main residence AND use the funds to inves...
Hello BPI posted this on the PRO section and did not get much response so let's give this forum a whirl. I am a new to the real estate investing game and was looking for some advice on what I should do to possibly pul...
Looking for some opinions on how much percentage to tap into for a heloc on my primary home. I'm looking to apply for a heloc through PenFed who offer up to 90% LTV. The house is valued around 325k and I owe 170k. Th...
My girl friend is in student loan debt. She is having an issue with her student loans (federal and private) and doesn't see the light at the end of the tunnel and can tell she is lost on how to get out. She has a dece...