Will Payne
How long do I need to wait to move after securing a HELOC
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...
William D.
Using a HELOC to purchase another investment property
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...
Brent Marlis
HOA foreclosure and finding HELOC balance
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...
Mike Greenberg
Cash out refi or HELOC for new acquisitions: tax or other issues?
I know that leveraging one property to buy another is a common discussion but I had a very specific question that I can't seem to find a clear answer to searching here and the web which is if you leverage one property...
Lisa L.
Should I use HELOC now?
I’m under contract with an off-market deal which will close in 2 weeks. The price is $230K and it’s a cash purchase. After purchase rehab cost is about $15K.I have enough cash in savings or I can use a HELOC to purcha...
Peter Kuck
HELOC on investment property
Looking for lenders who you've seen are willing to issue a HELOC (or loan) in 2nd position on an investment property. Most I've seen require 1st lien position on investment properties. Any advice or leads appreciate...
Rijm D.
Where to park my Heloc money till ready to invest?
Getting a Heloc, hopefully around 120K. It's a fixed loan product, need to borrow full amount by end of Feb to take advantage of 10y at 4.49%. It being long term and fixed is perfect for what I intend to do with it, j...
Joe Au
Use HELOC to paydown mortgage fast
I want to build equity with my primary home as soon as possible. And I came across a method using HELOC to reduce the interest paid to the mortgage. Does any one have experience with it?
Tyler Hubarth
HELOC to fund deals?
Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...
Michael Cote
How does a HELOC effect a deed with multiple people on the deed?
If my sister, my brother, and I are all on a deed to a property. What happens if one of us takes out a HELOC on the property? Do they have get the approval from the other two people to even get the HELOC? How will it ...