Michael Feaga
HELOC investment within personally owned LLC
I have seen a few threads on narrow topics related to the use of HELOC for funding investments in an LLC but I wanted to ask zoom out a little seek some general feedback on what is likely a common situation. As an in...
David Melvin
Tax implications for using your primary residence to fund an investment vs loan?
We own our primary residence free and clear (do not have a mortgage on it) therefore we have equity in it and are wondering if we should do a cash out refinance to fund an investment property (versus getting an invest...
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please evaluate this rental...my 1st
please evaluate this investment
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I know the philosophy for many is you absolutely must have positive cash flow for it to make...
Danny Gunawan
Help on HELOC: 5-yr draw, Principal+Int Payments
Has anyone acquire a HELOC, where the payments during the draw period were principal plus interest?Where I am worried about is having a high minimum monthly payment after I, lets say, purchase a $100,000 SFH all cash....
Dillon Ramsey
Hard money and private lending
Hello, Can anyone provide the common terms for hard money and private money lending? We’re mostly looking to use private money to cover rehab costs and pay it off with the cash out refinance. Family has offered so w...
Walter May
Cash out refinance vs. HELOC
Im a new investor in the Tulsa/ Broken Arrow area. I plan to buy my second investment property soon with the equity I built in my first. I owe $60k and it will appraise around 115k. I was thinking on a heloc instead o...
Kenneth Crosby
Seller Financing Question
Good evening!
I'm looking to see if someone can please explain these terms to me for a seller financed purchase?
20% down. 2 year balloon. 12% interest only.
Thanks in advance!
Bill Jaqua
Lending on equity for properties out of state
I currently have about 400k (appraisal value) in equity on my property. I want to use some of that equity to invest in a MF building in Ohio, but I live in Illinois and the banks I'm talking to will only lend on asse...
Justin Greene
Current BRRRR underway
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $42,000
Cash invested: $55,000
I am currently rehabbing this house starting to get my refinancing op...
Tom Kaz
Does this HELOC offer sound favorable?
Hey BP!So i finally received an update on my HELOC im trying to open up for investment purposes. I saw someone post on here awhile back about Huntington bank being a great institution for opening up a HELOC. I went th...