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...
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...
Hello, I have been interested in the concept of using HELOC to pay off mortgage and other ACH PAYMENTS. I would like to check in with Maryland real estate investors to see if anyone had success with local banks in the...
Hello BP,
I currently owe $300K on my mortgage and the value of my home is $400K. My current mortgage interest is 3.375%.
The loan company I'm working with will offer a total of 95% LTV (combined mortgage and HELO...
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?
Hi all,
I recently purchased a SFR 100% cash to expedite the process. I’d now like to pull money back out to use for more investing. Which strategy would be better, a HELOC or a mortgage?
My lender has offered th...
Hello!!I have a family member who paid cash for a house in Miami for 70k. The house is now worth about 250K.I've never owned a home before and I'm trying to figure out the best way to use the equity in the home. This ...
Hello all,I bought my first rental property in Columbus OH using the BRRRR method and money from my HELOC on my primary residence. I am now trying todo a cash out refinance to pay off my HELOC so I can repeat the proc...
Hello Fellow Investor, I have a rental property with some equity in it, can I get the HELOC from it approved then transfer it to the LLC? or transfer it to LLC then go do the HELOC? Any recommendation? Thanks
Hello,I am just toying with this idea of investing into syndications using HELOC from my current rental as there is substantial equity which can be tapped into is that too risky? Appreciate your inputs Thanks