Cody Jensen
Investment properties and borrowing
Hey everyone, How long after you purchase your investment property (Duplex for example) can you take a home equity loan for that property? Can you take as much as your down payment? If you take a equity loan will it m...
David Napier
Financing First Rental Investment
I'm trying to decide the best way to finance our first real estate investment. Looking to buy a SFH in the $250,000-$300,000 range. We have excellent credit, $30,000 in cash and our currant home has about $400,000 in ...
Ryan Rogers
100% LTV Home Equity Loan Experience Using the BRRR Strategy?
Does anyone have any feedback/experience getting 100%, 90% LTV on a home equity loan? Refinance, Etc...For Example: If are in a high demand market where you cannot acquire a property under market value. But still wa...
Iggy Marques
Home insurance to get a loan
Hi everyone, this is my very first post so bear with me if I'm placing it in an inappropriate thread. *Feel free to move or remove it if necessary.I'll present my current scenario and hopefully I can receive some advi...
Mark Coleman
Looking to take a H.E.L.O.C to buy a rental property !
Is is smart to take home equity loan out to pay in full for a property or just use it for a down pay?
William Coet
Pay Cash and Refi Wtih Credit Union? Better Than Conv. Mortgage?
I just discovered that our local credit union does home equity loans, and am considering the benefits of paying cash and then doing a refi with them. Although the rate is higher than a conventional mortgage, it requi...
Brian Orr
Rental Refi at Current Market Value, Yes or No?
Good morning BP Family,I posted this question on twitter, but by request I'll repost here with details for better results. I'm looking for input on financial strategy...I have a rental property currently cash flowing ...
Christian Barra
HELOC vs Home Equity loan VS Cash out refinance, dilemma!
Hello BP community, My name is Christian Barra and I have a nice BRRR poject. I bought a property on cash, repaired it successfully and rented it for 7 months now. At this point, I want to refinance it to get my funds...
Will D.
Length of Loans for Investment Properties
This is my first post, so I hope I am posting this in the correct place.
I have purchased 3 SFH in the past 10 months. I have purchased these homes with using a 90 day loan option from my bank, and then getting a ho...
Bruce Weyer
BRRRR and Mortgage insurance
If I am paying cash for a house, then doing a refi to pull out 70% of money out. Will I have to pay Mortgage insurance on the new loan? Does the 30% left count as money down so that I do not have to pay Mortgage insur...