Hi everyone,
What are the differences between HELOCs and Cash out Refinances?
How can I do one of these strategies in a way that does not affect my personal debt to income ratio? LLC?
Thanks!
I have an interesting question i'd like to get some opinions on. I just built a duplex out of pocket (all cash) and am going to move into one side and rent out the other. I want to take the cash back out. Which would ...
What lender would approve for a 45k loan how long would the term be?15 year fix??
Hey BP,I would love input on what you guys would do in my situation. My mom bought a house and we were thinking of renovating the house so we can refinance and buy another property. We bought the house in 1997 for 250...
If the value of a multi-family is based on NOI, and we know that rents in B - , C+ are gonna stay the same during recession, then why would the price of our property fall? What are the reasons behind it I don't see?
Does anyone have any recommendations for sourcing a HELOC? Some banks arent offering HELOCs right now and rates are all over the map. Looking for a way to get a few properties quickly without multiple applications.
I realized today that I need some more savvy friends for pinging scenarios off of! I live in Portland, OR. I'm wondering if you'd be willing to give me your two cents on this. I'm going to include specific numbers. An...
Hello Bigger Pokcets,I wonder if that discussion came up. Lets say you have a 200K and you have an equity of 120K. Let's ignore the feasibility of a HELOC for an investment home and focus on the financials.Would it be...
Quick question as I've never done this before. I'm starting the process of applying with a few lenders for various products (HELOC, 2nd mortgage, refinance, etc.) that can help me take equity out of a rental property ...
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...