Tim Porsche
Bank Recommendations for HELOC on Rental Property?
Hi All,Does anyone have a recommendation for a good lender who will do a HELOC loan on a rental property, when the rental property has a mortgage with another lender? I'm looking to see what I would be eligible to bor...
Max Sa
Fix rate for home equity loan
Hi BP! I've accidentally got into RE by renting out my first house a few years ago. Seems like a great opportunity to get to financial freedom. When it comes to accumulating funds for down payment etc. Save cash. borr...
Rich Miller
STR CoC Performance Expectations
I realize there are lots of variables at play, but what are some ballpark CoC returns one could expect with this strategy? I've heard mentions of 25% CoC returns but have not seen it in the handful of analysis that I'...
David Sumner
Anyone know of banks in N. Texas w/ HELOC at 30 yr?
Although I posted this in the "Creative Real Estate Financing Forum" I don't think this is that "creative". Basically I'm looking into a Home Equity Line of Credit (Cash-Out Refinance if you prefer) for a hypothetical...
Brad Roche
Maximizing Savings in a High-Interest Rate Environment
In a high-interest rate environment, every penny counts when it comes to managing your finances. One area where this is particularly true is in paying down your mortgage. For most people, their mortgage is their large...
Wesley Pittman
What Terms/Rate Did You Get on Your Recent QM Investment Loan?
Howdy BP,
I have a duplex in a 1st Lien HELOC that I'm looking to refinance into a regular 30-year mortgage. The HELOC product is a really powerful tool and I'm super psyched on it in the right scenarios, but for my ...
Kevin Schayltz
HELOC Advice - Finding the best deal. What to look for?
Hello,I'm looking at opening up a HELOC on my primary residence to use as seed money to start investing. What are some of most important things to look for in securing a HELOC? Who are the best banks to get these type...
Richard Thomas
Should I do a cash out refinance or save to get capital for next deal
I have a SFR with good returns and decent equity. Should I tap that equity to get capital to buy next SFR or go the longer route or saving additional capital while keeping that equity in place?
Joe McGovern
Question around HELOCs
Hello!
I'm a newbie from Iowa to the real estate investment world and am in need of capital to make my first investment. One of the options I've been looking into is using a HELOC on my primary residence. Before doin...
Charlie Nghiem
HELOCS 1st LIEN as primary financing
There is a property that the owner owes 133K, and wants 191K. ARV is 238K. I want to get this house under a 1st lien HELOC. I wanted to use hard money to get the property quickly, and then get the HELOC to secure the ...