I am new to investing in rental/investment properties and looking for some guidance. I am doing as much research as possible before I make a move but do have my eye on a property. Here is my current situation....I am ...
Hey BP - Need help deciding what's better: HELOC or refinancing. I am sitting on a few properties that I own free and clear. I am looking to buy additional properties this year and wondering if I should refi and cash...
Looking to take out a HELOC on my current duplex rental, the problem is I can’t find a bank to do a HELOC for a rental property. Is there any banks that do this, what are my options? Thanks!
Hey All,
I'm looking to get a HELOC on my primary and I wanted to know who others have been using and what rates they've been seeing here in Maine.
Appreciate any input.
Our loan officer is offering to open a HELOC under 2 of our first properties that are almost completely paid off. From what I understand we can purchase a house and then later put it on a typical note and pay back the...
I'm working on my first deal to buy a duplex using HELOC for down payment. I'm wondering what to do with the cash flow: what is the best stategy for preserving my liquidity ?My first idea is to just pay down the HELO...
I am looking to purchase my first buy and hold investment property. Is it a bad idea to take out a heloc on my personal residence to fund the down payment and closing cost?
Hello everyone, I am trying to apply a HELOC for my first investment property. Is it a good idea to go to the first mortgage lender?Also, given my current interest rate at 3.375% and economic environment, is it better...
Good evening!I have a property in Charlotte, NC with a good chunk of equity that I would like to tap into. It was my primary residence that I was house hacking. I bought another property with a second home mortgage th...
Hi All,I bought my duplex in 2019 which was a house hack. I already refinanced to take advantage of rates. The cashflow is great and I’m locked in at a 3.2% rate. The problem is I want to grow my portfolio into the sh...