Is it smart to refinance a home equity loan to a HELOC? My HELOC lender said this..
I am reaching out regarding the title report of your home. Currently, your mortgage is recorded as a home equity. In order to pr...
Hello! I lived in my 2 br 1ba single family home for 5 yrs. I want to rent it out and buy a duplex. I took the first step by calling a local bank that I use for my business account. I asked about a home equity loan or...
I'm acting as a project manager for my parents house they are selling, using it as my first experience fixing and flipping. I don't want to buy the house from them in order to avoid paying capital gains tax when I sel...
I’m thinking about getting home equity loans on 2-3 of my investment properties to purchase another property with the cash. Looking to pull out $100,000ish. I would likely pay cash then refi conventional.
Looking for...
I'm an active RE broker from the Ann Arbor, MI area, and also rehabbing a 10unit mixed use historic bldg (7700sf between 5 apts and 5 retail/office storefronts) in downtown Ypsilanti. I also have another house which d...
I have a property in Germany which I purchased 3 years ago and have appreciated in value. Ideally I would like to release some of the equity from my home in order to purchase a second rental property. Does anyone here...
I am looking for my first deal and considering using a home equity loan or home equity line of credit to pay for the downpayment and/or slight remodel on a rental property.
Can anyone easily explain the difference in...
Please let me know if these numbers make sense. I'm thinking of taking out a home equity loan of $100k at 4.77% on my house to purchase and investment condo with purchase price of $132k. These condos rent well and g...
Hi All, I recently refinanced my primary and looking back, I should have taken some cash out while doing so (the refinance closed at 2.625% just over 2 months ago). I've been thinking about taking out a home equity lo...
I'm still doing research and planning on how I'm going to get into real estate. I'm renting right now, which if you've seen my past threads you know that. I've had a few people tell me I should look into getting a 203...