Mustafa Mo
Could not find a fixed rate HELOC for a rental?
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...
Mustafa Mo
What’s the best way to cash out equity
I have a rental property that I have built up an equity over the last few years. Now, I want to cash out this equity. I didn’t find HELOC option with a fixed rate? Also, the home equity loan is not an option for me gi...
Manny Raimondo
HELOC on Flip Turned Rental
Hello everyone,I am looking into a HELOC or home equity loan to tap some of the equity I have in a flip turned rental to pay off the higher interest debt from the renovation. My refi out of hard money only covered my ...
David Tran
HELOC lender for investment property with LLC
Can someone please guide me in the right direction for HELOC lender for an investment property that's under an LLCThank you!
Tim Scroggins
HELOC on our home to help fund our first deal?
My wife and I have been in the learning and research phase of investing and are wanting to take action. We shouldn’t have any issues with bank lending but funding our first rehab will be tough. Unless, we pulled from...
Elaina Burkhart
Refinance piece of BRRRR
Hello,I have a couple questions regarding a refinance on a duplex my husband and I own. We purchased the duplex last year for $140k with a home equity loan (100k fixed rate) and a smaller HELOC (40k variable rate) on ...
Zak Dolak
Choosing a HELOC
Hey guys,
Question, I want to get a HELOC. I’ve checked into my Credit Union and Primary bank. The CU offered me $200k, interest only or principle and interest payments. First year a rate of 5.24% and after that it’s...
Chris S.
How many home equity loans can I have? I know the limit is 10 for mortgages, but is there a limit on home equity loans?
Hi! Just wondering if there's a limit on home equity loans. If not, and you have like $200,000 cash to start, could you just buy a $100k property, fix it up, rent it out and then get a home equity loan for $70k and ...
Taylor Dasch
Getting a HELOC on an investment property.
Geez it has been extremely difficult to find a lender to give me a HELOC or Home equity loan on an investment property that I have quite a bit of equity in. I dont want to refinance because my interest rate is super l...
J.R. Smitherman
Creative Funding for Completing Renovations
Hi everyone! I'll detail my current situation below. I bought a house in October for approximately $171,000. It was a foreclosure. When the lender had the property appraised, it appraised for $235,000. With that good ...