Paul Whitehurst
Bank is declining my HELOC - HELP!
Hi, I am looking at getting into investment properties. I understand this is a good way to become financially secure over time and am eager to start. I want to use my current home and do a HELOC. My home is worth a...
Daniel DeSurra
Does having a HELOC affect DTI or Credit?
I’m considering pulling out an 80% HELOC on my primary residence to invest using the BRRRR strategy. Would doing so negatively affect my DTI or credit and make it harder to qualify for a conventional loan when refinan...
Chris Kimsey
HELOC on investment property
Has any one had any experience with doing HELOCS on rental properties? How hard is it to find lenders for it? Is the process more stringent?I am an investor here in Texas. Rental property is currently leased out. The ...
Chad Hutchens
Approved HELOC.... Now What?
BP Team - My Wife and I are new to the RE investing market and have been doing our research, reading articles, analyzing deals, etc. Figured there would be great success stories and the unfortunate fails that we coul...
Michael Garfias
HELOC or not for paid off home? $189k
I own my home free and clear. Should I apply for a HELOC to start purchasing rentals? If so, how risky are they?
Chris Reichenbach
HELOC vs. Cash Out Refinance
I am getting ready to do some updating to my home before I furnish and make it a medium term rental. I plan on using credit lines to fund all of the rehab but am curious about my options to pay them off through a cash...
Scott S.
HELOC or Cash Out Refi. BRRRR Questions
Maybe this question belongs on the BRRRR forum. In any case, I'm asking about financing AND BRRRR so I guess it could go in either place. I have a rental unit (3BR/2BA) that I planned on doing a BRRRR with. I got i...
Ryan Johnson
Cash out Refi personal home vs HELOC vs Conventional - 1st deal
My first REI was a lot bought at auction last year that has over doubled in value. Its time to move on. Im looking to purchase my first income generating property now. Running numbers on SFH and 2-4 plex in the Housto...
Duston Gladfelter
Investment Property HELOC
Hi everyone, I'm looking for a bank that does HELOC's on investment properties. I planned on just doing a refi on my first two properties but the appraisals just came in too low. I didn't really rehab them much but wa...
Lily Jensen
HELOC on investment property
Hi I live in West Palm Beach and I own an investment property (condo) in Miami. I own it cash and it cash flows me about $1900 a month after the hoa. I am realtor and my husband is a contractor- we want to get a helo...