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Results (5240)
Robert Rychtarczyk Home paid in full, HELOC?
11 November 2020 | 4 replies

My question is a home being fully paid off. It was originally a custom built home. Recently mortgage was paid in full and I hold full equity. never have I got a appraisal done. This is my first step to get a home appr...

Eliud Vazquez Cash out Refinance at a higher interest rate to purchase rentals?
31 January 2023 | 6 replies

Hello everybody, first time posting here. I don't have anyone to personally discuss this with so I was hoping I could get some guidance through the forum. I currently own one investment property (renting for $1.6k) th...

Jack Chase HELOC vs Cash-out Refi for Rental Property?
5 August 2020 | 5 replies

 Hello all, I'm looking to pick up a rental property and am weighing the options between using a HELOC or a cash-out refinance of my primary residence and looking for experienced opinions.I just did a cash-out refi in...

Jonny Morris To use home equity or not...?
30 August 2017 | 5 replies

We bought for about $363k. Put down 80k on the house to avoid mortgage insurance. We have now put about 50k into developing an apartment above garage as our "1st property" rental which generates $1250 per month.  Rece...

Benjamin Foullon Looking for Financing
1 February 2024 | 13 replies

Hi everyone! I found a duplex in the Cleveland area that is listed for 85K and rents come out to around 2k/month. I would like to use a DSCR loan, but I've heard that you can't use DSCR loans at that price point. Is t...

Zack Francis Deal Analysis: Running the Numbers
12 October 2021 | 5 replies

Hi friends, I've done some homework on running the number in order to create a systematic way of analyzing deals. I understand the importance of getting experience through repetitions, but I first want to make sure I'...

Mike Wallace Help me understand the approval process of a multi fam loan
15 November 2013 | 8 replies

I own a 4plex and want to move up to a 10+ unit building.

I have great credit and 2 years professionally prepared tax returns earning 75k+

Can the expected revenue of the property that I want to purchas...

Julie J. Buying times and methods
10 October 2018 | 6 replies

HelloI posted some questions earlier but maybe I posted in wrong area??? A newbie here still trying to navigate and learn.Could you please help?Down $80kExcellent credit score$350k of equity in rental homeTrying to bu...

Sean Laney Successful HELOC Loan Experiences
16 October 2022 | 10 replies

Hi BP Community, can you tell me how you have used your HELOC loans successfully to grow your portfolio/cash flow? What was the scenario/payback structure/ and result on cashflow? I would love to hear about your succe...

Robert Rodriguez Should I open a HELOC or pay off my house
18 August 2022 | 5 replies

Few years ago my wife and I made the decision to pay off our rental property. Not my thoughts but hers, she just felt more comfortable/less pressure knowing we didn't have 3 mortgages due (our own and two rentals). Of...