Dulce Beltran
How to Avoid Interest w/A HELOC
I recently have educated myself on paying down debt at a rapid rate and find myself exploring the creative finance world. Hypothetical ScenerioYou have two HELOC’s both at $100,000 credit line. You use HELOC#1 to Pay ...
Ron Gallagher
HELOC on an investment property
I am going to apply for a HELOC for an investment property I own free and clear and then do the B(A)RRRR strategy. I have learned that TD Bank, Wells Fargo, and PenFed CU all offer HELOCs on rental properties. Is an...
James Campbell
HELOC in Rhode Island
Hello everyone,
I'm looking to open a HELOC on my primary residence in Smithfield, RI. Does anyone know any good banks or cu's that offer the lowest rates, highest LTV and $0 initial draw? Im looking online at Pawtuc...
Brandon Terrazas
Obtaining a HELOC for an investment Property?
Hello Everyone,I am trying to see if it is possible to get a HELOC for an investment property. So far, all the lenders that I have talked to have told me that they don't offer that service. Is anyone aware of a lender...
Sean Salandy
Will using HELOC lower my credit score?
I am planning to use my HELOC to purchase a property. The plan is to then refinance the property once the seasoning period is over and then pay off the balance of the HELOC and do the process over again. My question i...
Matthew Ranucci
HELOC Versus Refinancing
Hello!
Has anyone used a HECOC to purchase investment properties? Really I would like to hear thoughts on using a HELOC vs simply refinancing. I currently own a rental property that I owe about 95k on and it could ap...
Nathan Frost
QCD property from LLC to name
Hi, how can I go about quit claim my property from my LLC to my name so I can get a heloc on it? It has been in an extremely frustrating two weeks. I have a 100k equity in my primary and can't get a HELOC because the...
Luke M.
Has anyone been able to get a HELOC on a rental property?
I keep getting turned down, but I've been told some local banks will sometimes entertain it.
It's located in San Diego, California, and I live in Brooklyn. It's rented well and has about 60% in equity. Any ti...
Joshua Bailey
Advice for a 1st time investor
My plan is to take a HELOC out for a down payment of 19k on a 76k fourplex. Can I do a cash out refinance a year later to pay off my HELOC and just rinse and repeat if I wanted to. I heard this on one of the podcast, ...
Keegan Burmark
Investment HELOCs in Tacoma?
Hi there,I'm having a really hard time getting a HELOC on an investment property in the Tacoma area. I have 13 properties and great income but I have been disqualified at one bank because I had too many properties (w...