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I currently own a property that I utilize for short-term rentals. My existing mortgage has an interest rate of 4.5%, and I owe $247,000 remaining on it. I have approximately $100,000 in equity built up. I'm considerin...
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I'm stuck in decision limbo on whether to use a HELOC or cash-out refi on my primary residence to fund my first investment property
I know all the basic benefits of the two options, HOWEVER ... I feel like this being...
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Okay, so I know much of the advice out there says to leverage your primary home to increase your capital for buying properties. I'm considering going a different direction and paying off our primary home to increase c...
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I have a SFR rental property that I own free and clear. I’ve had if for just over two years and and have had good experiences so far with being a landlord. Now, I would like to take another step into REI and go after ...
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Hello! I have a two-part question if anyone has any tips or tricks that would be greatly appreciated!
First question:
I am trying to figure out how to grow my "snowball" as a real estate investor. I currently own t...
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I recently completed the renovations of my primary residence. The ARV is 195K and the first mortgage is for 78k. From talking to a few lenders who do HELOCs they will lend up to 80% of the home minus the first mortgag...
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Hello,I am considering a HELOC to purchase my first 2 family rental property. The property will be rehabbed and property managed all included with the purchase price. Is a HELOC a good idea?
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Hello, I am considering taking out a HELOC On a residence we recently bought and renovated. When I say recently I mean within the last month. We are currently living in Louisville Kentucky but my job has the potential...
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What's up BP!
What are your thoughts on using a HELOC on 1 of my investment properties to purchase another investment property? I'm not even sure if that's allowed. The new investment property rental income would c...
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I'm looking at a property going to a HOA foreclosure sale with a senior mortgage lien and senior HELOC lien. I know the mortgage has a 30 year term and was taken out in 2005. Using this info I can calculate a rough es...