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When you have considerable equity in a home, Will a bank give you all of that money, no questions asked to do whatever you want with?Or do they need to verify your income to ensure you can make the monthly payments on...
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Hello,
I had a W-2 up until March, but recently transitioned to full time real estate investing.Is it possible to get a home equity loan based on DSCR? (or otherwise?) Las Vegas NV 89142investment, rented out by sect...
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Hello,-Can leases be used instead of tax returns to prove income to lenders? -For an equity loan on an income property, can leases be used by themselves to prove income?-Do banks always require tax returns? Do priva...
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Can you pull out equity on a new-build home after 6mo. to a year from purchase date if the only equity in the new house is coming from the down payment (which is well over 20% of the house value)?
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Please help want to buy rental and the question is to use equity in primary or ask for other financing the numbers are 55 on primary ,15 in existing heloc, driveby appraisal on prim is 140000 and the rental I will not...
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I'm still new in real estate investing so I'm looking for advice on a potential deal. Luckily my marketing is paying off and I have friends bringing me potential deals. Here is the situation. A seller who wants to ...
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Hi all,I have a property that I owned with no liens attached. I bought it at a auction about 6 years ago. I invested about 25k over time in approving it but it honestly need about 25k to 30k more work done before it's...
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I've been doing a lot of research and the idea of pulling equity from an existing home investment (in the way of a HELOC, home equity loan or a cash-out refi) is intriguing to me. Right now I have quite a bit of equi...
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I currently own 4 condos free and clear, all in the same complex. I would love to take out a home equity loan on each of them, problem is each one is worth less than $40K and the smallest loan I've found a bank will d...
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I’m trying to shop for a fixed rate HELOC for a rental property I own. All what I found either a equity loan with a fixed rate, others offer a variable rate with the option to lock it in 3 times during the life of the...