Jeremy Clarke
HELOC / Home equity loan to purchase a property?
Hello BP community! This is my very first post. I signed up for this website about 20 minutes ago. I'm looking for a little advice.
I'd like to start out and explain my situation. I do not consider myself and expert ...
Alexander Williams
Equity Loan on Land with rented mobile homes
I just recently bought a property that’s a 1 acre lot with 5 mobile homes on it, all currently rented. I don’t own the mobile homes I just charge lot rent. My question is:1) Will a bank lend (specifically an equity lo...
Christian Hutchinson
If a take out a Home Equity Loan
I had a disaster flip this year.Left me with lots of CC debt.My primary home is FHA with mortgage insurance.My current LTV is 65%, with about $85K in equity.I was offered a Home equity loan at 4.6% for 10 years. I wa...
Reynaldo Tello
How should I invest my home equity loan
Hi everyone I'm a newbie and I would love to invest in real estate.I bought my house as seller finance deal just finish paying it and I think that I should at least be able to get 40-50k on a heloc.I really want to do...
Dominic Degrazier
Obtaining the Best Equity Loan to Purchase Rental
I am considering opening a home/rental equity loan. Idea being: borrow for a cash purchase on a rental property. And I am not sure which direction to go to be honest - this is my first time to do this. I bought a town...
Account Closed
Purchase as equity for the loan (How-to)
How do I use the purchased home as equity for the loan? Is it wise to do this, or is it better to use a separate asset as bank equity for the mortgage?
Anthony Tringali
Is a home equity loan the right choice?
Hi BP,I am new to the community and real estate. I currently own a home with an in law apartment which I rent out. However my goal is to own multiple rental properties. I hoping to buy a new property in the near futur...
Antony Peter
Pay mortgage principal and then take equity loan
I have a mortgage towards my primary residence. I have paid off around 20% of my loan, and my current interest rate is 4.5%. I have some cash enough to pay for a down payment on a condo (around 20%) and rent it out. I...
Serge K.
Refi with cash out versus Home Equity loan
Hi All,What should I be looking at when deciding between refi with cash out versus applying for home equity loan to use the fund for real estate investment?Thanks,SergeK2
Jim Steinberg
equity home loan that does not require notary
Hi all, I am in need of private lending for a home equity loan and need a lender who can approve and fund my application without a notary. Anyone know a lender where this is possible?