Monte Blunk
Cash out Refi to buy new properties question
My wife and I are (44 & 49 yo) have been looking into increasing our rental portfolio using the BRRRR method to help fund our retirement and hopefully help to gain financial independence from her W2 job. Over the...
Michael Evans Lill
HELOC on primary home tax deductible?
Hello, can I still deduct on my taxes the interest from a HELOC on my primary residence?in 2017 I already had a first lien HELOC as the only debt on my primary residence. (No mortgage; just the HELOC). I've read th...
Arie Slaa
HELOC accellarated strategy
I am a new landlord and been thinking about utilizing all income my W2 and Rental with HELOC to help pay my mortgages faster. I am a decent saver, and enjoy a minimalist lifestyle. Been thinking "what if" I put ever...
Karun Pillay
HELOC or Savings for a downpayment
I am going to invest in a second rental and needed some advice on whether to use savings for the down payment or HELOC and keep the savings as emergency fund. Thanks for any advice you can provide.
Mike Cowper
House jumping & acquiring HELOC's along the way?
So I recently got a HELOC on my primary residence and have been hearing that I am unable to do get those on investment properties; my question is this: would I be able to move out of my primary residence to purchase a...
Jess Sanchez
Heloc + savings for downpayment
Hi, I’m hoping to buy my first 2 family rental house within 5-6 months from now. I probably have 66% of the downpayment for the price range in the area I’m looking at. I read from other people’s post that I can use he...
Christian Scalla
HELOC vs Cash out Refinance
Hi everyone,
What are the differences between HELOCs and Cash out Refinances?
How can I do one of these strategies in a way that does not affect my personal debt to income ratio? LLC?
Thanks!
Jon Licht
HELOC on Rental Property - California
Hi all,
I'm looking into lenders who offer HELOCs on rental properties. I have heard PenFed is the only national lender. I have also heard that an alternative method is to reach out to local lenders.
Has anyon...
David Muscovalley
Should I use my Home's equity to get started.
I have about 40K in equity in my home that I was planning on pulling out to get started in investing any suggestions?
Jon Desmond
Master List: Non Owner Occupied/Investor HELOCs
Have had quite a few conversations with bank with HELOC product available in my market (Twin Cities) and thought others would appreciate an update on this list. Some players pulled out during the pandemic, some were n...