Nathan Ditoto
Future loan implications for HELOC
I have been speaking with several lenders and each seems to have a different opinion. My goal is to access the equity I have in my private residence to add to my cash reserves in order to use this money to invest. Sel...
Hoi L.
HELOC fixed rates advice needed
First time investor, hopefully the start to long term financial independence. As someone starting out as long term buy-and-hold rental investor, we are looking for relatively good conditioned places in $125-300k/unit...
Pierre Eade
DSCR Lenders or HELOC on Investment
Hey Community! I have a SFH in my portfolio that has a good deal of equity and only a HELOC (TD BANK) on it for 10.24%. TD was not interested in doing a new HELOC because my portfolio is too big for their lending req...
Blake Schreckhise
Using a HELOC to pay off my home quickly.
Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
Vincent Q.
Heloc as down payment then refinance
Hello All,Can anyone give advice on if this is a good way to invest. I have one single family investment property. I am looking to get a Heloc and buy a second investment rental property. Is this a good strategy. Hel...
Lexie De Stefano
HELOCs: 5 Year length at lower rate vs. 10 years at a higher rate
Hello!I'm looking at taking out a HELOC on my primary residence (house #1), to purchase house #2 (BRRRR method in a high appreciation/low cashflow area) that I plan to use as my future primary residence. I've been deb...
Bernadeau C.
HELOC on an investment property?
I am looking to secure a HELOC soon and i am planning on doing this on an investment property. i have heard that this is nearly impossible to do as banks will not do a HELOC on an investment property. has anyone been ...
Jesse Dickens
Using a HELOC to start investing and velocity banking
I am a new investor from Denver looking for my first deal (probably out of state). I don't have much in the way of personal funds to start investing, but I probably have around 75k available if I were to take out a HE...
Jay Orchid
What would you do? Potential to HELOC on one of 4 rentals to expand portfolio.
Hello! New to the BP forum and joined out of curiosity for a hypothetical scenario.I know everyone's situation is different, and everyone has different needs and priorities within Real Estate.So I was curious on one o...
John Ha
Heloc questions for rookie
Hi all - have not gotten into investing yet but have been wanting to for years just have not had the courage. Been thinking of using heloc on my primary.I pulled out a heloc on my primary home to finish the basement b...