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Results (6056)
Dave P. Using HELOC loan as a down payment
7 November 2016 | 4 replies

As i continue to build my portfolio, I have considered using a HELOC as a way to purchase another property. I am wondering what the pros and cons are. I currently own a VA financed multi-unit property. I want to purch...

Roy N. BoC drops overnight rate to 0.50%
16 July 2015 | 4 replies

The Bank of Canada (BoC) announced Wednesday morning (2015.07.15) that they have lowered the overnight interest rate by 0.25% to 0.50%. The reasoning behind the move is the BoC has lowered its outlook for Canadian gro...

Rob Wetzel HELOC vs. Cash Out Refi
3 March 2021 | 2 replies

I recently renovated and rented my first row house in Washington, DC. The deal performed well and I'm curious if ya'll think I made the right decision when it comes to HELOC vs. Cash Out Refinance. I'm new to the fina...

Eric Laro Home equity line of credit vs refinancing out money from home
19 August 2017 | 5 replies

Is it better to use a home equity line of credit on a home to get the money out or refinance out the money. Or is a HELOC a way to refinance out the money from a home. Is there another way to refinance out the money o...

Jay Hughes Future Rental Income to Help DTI
6 April 2023 | 4 replies

Hi,
I’ve been lurking/reading on the forum for a while and just decided to join. It’s been a really great resource, but it’s hard to get a handle on the current climate in lending.
My main question is the possibili...

Devon Martin A question about the 2% rule
2 April 2018 | 3 replies

I’m planning on starting my investment career by house hacking probably a duplex. With the 2% rule, if I’m going to be living in one half of the building, should I look to achieve only 1% of value of the entire buildi...

Ryan Butler Interest Rate vs APR
3 July 2023 | 7 replies

Hey Everyone! In the process of buying my first house & trying to make a house hack work in the Boston area.My question is pretty simple -- when I run analysis through the BP Calculator and I enter the Interest Ra...

Cynthia Andersen Which Arizona Banks offer HELOC for purchase?
9 February 2021 | 17 replies

Hi all!I'm super new, so please forgive my ignorance.  :)I'm looking to purchase a home (as my primary residence) using a HELOC in the 1st lien position (so I can draw off the equity as I pay it off), however I am fin...

James Whitehead Ready to invest, whats the best way to capitalize on my situation
24 June 2022 | 5 replies

Im ready to make the plunge!First post, apologies if I ramble...Just came home after a year in the middle east trying to get a head a bit, after tax season we have a decent little egg in the bank, in addition to that ...

David Walker How should I fund for an investment property
11 August 2021 | 9 replies

Hello Everyone
I currently own my primary residence in Chicago in which I got the house for 175k and I currently owe a little under 120k. I have been in my home for eight years and I want to invest in another propert...