My husband and I will have our primary home mortgage paid off by July, and would like to purchase our first investment property. For various reasons, we can’t use a conventional mortgage. Would tapping into our equity...
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Hey BP community! I've been stuck in analysis paralysis for the past few months and I wanted additional opinions to push me in the right direction. I have been househacking since 2015 and I am ready to buy my next pro...
hey everyone,this is my first post and I was wondering if anyone had used their home equity for a flip and what it entailed. For what it's worth I've flipped one home already before I was married and living at hom...
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Here is the breakdown I owe 70K on my personal home and took out an equity loan that was 38K The home should sell for around 150K Let`s say I walk away with 35K This allows me to factor in at least a 20% down p...
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I am looking for a equity loan against one of my 4 unit buildings in NY state. In the past, I have always gone to BofA because of their generous appraisals and their no fee mortgage. The problem is I already have 2 eq...
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Hello, this is my first post on Bigger Pockets.
I was hoping someone could advise me on how to pull equity on an investment property (condo) I own in the state of Florida (free and clear - no mortgage) for...
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I know for sure these numbers won't seem as great as a lot of the people who post on here (e.g. 42k purchase price, 1200/month rent...).I'm looking at a 3bed/2bath for 160k with probably 30k of repairs/fixes/updates n...
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Hello Everyone,with the skyrocket high interest rate ,shall I borrow home equity line of credit or the convential mortgage to buy the investment property. The loan amount I need is really small about 250K which I have...
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I have about $60-70K equity in my rental property. My current interest is very competitive so I am not necessarily looking to get a new mortgage company. What is the best way to get money out of my house without pay...
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Hello everyone,I need some advice regarding a HELOC.My primary residence (located in Colorado) has approx. $130k equity that i'd like to tap into and use toward more real estate. The problem is my current day job is p...