Bradley Chiakas
Cash-Out-Refi or Home Equity Loan Advice
I bought a 3 bedroom condo in Downtown Houston in 2013 with 10% down and a 15 yr mortgage. I put some extra cash into the mortgage and did some upgrades. I am slightly positive on cash flow, but now have 139k left on...
Will M Bunch
Equity dilemma: Buy & Hold or Student Loan
We have a dilemma we are trying to solve for a shy friend "Sally". Sally wants to build her net worth but she owes about $30K in student loans. Sally has $30K in equity in her residence. She inherited 2 rental prope...
Will M Bunch
Equity dilemma: Buy & Hold or Student Loan
We have a dilemma we are trying to solve for a shy friend "Sally". Sally wants to build her net worth but she owes about $30K in student loans. Sally has $30K in equity in her residence. She inherited 2 rental prope...
Benjamin Spaulding
Home Equity Loan (not HELOC) within an LLC?
I have been researching options in order to access equity in a house held by an llc. From what I have read so far home equity loans are not an option, outside of one off small bank transactions. I am not looking for a...
JD Causse
Home equity loan on property held in LLC?
Most bank I have checked wont give you a HE loan on properties held in a LLC. I dont really want to move the properties out of the LLC... would you know lenders that would offer a HE loan on properties held in LLC?
Dave Fellow
Home Equity or 401K Loan to finance Multiplex?
Hello,I want to build a 5 or 7-plex, but I'm not sure how to proceed. I have 2 sources to begin the project. Use the equity in my home to finance the 25% for the construction loan (or I could outright sell the home)...
Joshua Nason
Financing SFU's with Home Equity versus Investment Loans
Just closed on my first two rentals - one is tenant occupied and the other is a near gut-job. I was shocked to see closing costs in the $9-10k range for the two of them. I could've used a home equity loan to buy one o...
Derek Hamilton
HELOC or Equity loan for property in georgia
Do you know of any Banks/Private loans for A 580 fico with 100% equity in rental property?
André Hennig
Construction loan with sweat equity (Own construction business)
Hi,I have a construction company and we do everything except roofs and electrical connections. I would like to get a construction loan for a 4-Plex and use sweat equity. Is this a realistic scenario and if so what wou...
Tara Ballenger
Required equity for exiting property on FHA loan
When purchasing using FHA, buying 100+ miles from your departing residence: do you need a certain amount of equity in that departing residence to be able to convert it to a rental and use the projected rental income t...