Christian Friend
Explain HELOC vs Home Equity loan to me
Hey all, got a question about HELOC vs home equity loans.Lets say I want to buy and investment property that is $30,000. (For this lets assume it will cash flow, etc) The down payment for this property lets say is $6,...
Skye Suttenfield
Interest or Equity % For a 12 Month Loan
I am renovating a home that is going to be my primary residence and have a family member lending me $150k to finish the renovation (I ran into many unforeseen issues that put me in this position).The repayment term is...
Darrick Lowe
Home Equity Loan or HELOC for down payment
I'm looking at a property that would require 200k downpayment + closing costs. This would dramatically deplete my liquid assets. I was thinking of getting a Home equity loan (HEL) or a HELOC on my primary residence ...
Roy Massey
Best lenders for home equity loans under 100k
I own 2 properties, one of them outright and another i have a 40,000 loan on. I want to take the equity out but all the companies that offer non conforming loans and portfolio loans want you to have 4 or more homes or...
Sanjaya Jayawardena
CA home equity loan lenders on investment properties
Any suggestions on CA home equity lenders on investment properties? Looking to take out some equity and open to any other suggestions as well.
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...
Stephen Schott
Taking out an equity loan. Credit Score impications??
So I am taking out an Equity line of credit on my home. I purchased this house for 27,850 2 years ago in all cash. I rent out the basement and am still currently finishing up the top floor. After much sweat equity an...
Account Closed
Home Equity Loan on Investment Property in Texas?
Was told recently that in Texas you cannot get a home equity loan on an investment property. Is this true? or is this a matter of finding the right lender with more knowledge on real estate investment?If it is true, w...
Kata Walters
Local Texas bank recommendations for home equity loans.
I'm looking for recommendations for a local Texas bank/credit union for a Home equity loan on my secondary house in Fort Worth. I spoke with a large bank and as I only qualified with current LTV for $18,000 - it did...
Anurag D.
Fixed Rate Home Equity Loan - TX Investment Property
Hello Everyone,
I am currently evaluating whether any bank in US offers ‘Fixed Rate Home Equity Loan’ for Investment Property.
If so, please share:
-> a. Allowed LTV.
-> b. if Desktop/Drive-Through appraisal...