So I’m having some analysis paralysis with looking at a Cash out refi vs a HELOC on my primary residence. To paint a picture, living in a townhome and will rent it out when we move in 2-4 years. I want to take advanta...
Hi,
I'm getting conflicting advice from two CPAs and was wondering if anyone cares to chime in. Here is the situation. My primary residence is paid off and I want to tap into the equity in order to acquire rental re...
Hello everyone I’m from California and was wondering if any of you have a lender who will do a HELOC on an investment property. Thank you in advance
I bought a home for 118,000 in 2010, it now Zestimates at 226,000. I owe like 77,000. I’m new to this..What should or can I do to get on the road to success like you guys. Any suggestions? Like I mentioned I’m new to ...
Hey all you BPs! I’d love your input.The quick story- we bought a house and kept it when we moved in to another so now it’s a rental that cashflows 300/ mo (we will raise rent by 200$ in April). We found out we could ...
Hey, all,I'm pursuing a BRRRR strategy for a property using a HELOC from my primary residence. I will be refinancing it after the 6-month seasoning period. The credit union I chose offers both an interest-only HELOC...
Are HELOCs Available on a Rental Portfolio? If so, what lenders are more likely to offer them?Thanks
Hello BP community,
I’m exploring different financing strategies for my next investment property and am considering using a Home Equity Line of Credit (HELOC) as the down payment for a buy-and-hold property.
Has any...
I roughly have about 150k-175k in equity on my duplex that I owner occupy. I have talked to a few loan agents and can't make sense of how an equity loan would help. My initial duplex loan would go up (because they wou...
Huge bigger pockets listener and fan here !! First time poster! I wanted to run something by everyone to get your opinion. I currently have 1 investment property - Mortage is 580, renting for 1200- super happy with th...