William Coet
Are HELOCs Available on a Rental Portfolio?
Are HELOCs Available on a Rental Portfolio? If so, what lenders are more likely to offer them?Thanks
Ka Vang
Has anyone here successfully used a HELOC on a buy & hold property?
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...
Brendan Canning
HELOCs for Investment Property
Hi Everyone - New member here. Any good places to get a HELOC on a multi-family house that I have? We have a significant amount of equity in the property and would like to use the equity for a down payment on another...
Jennifer Kirila
Which comes first: home equity line of credit or modification?
Hi, I am confused and need some advice. I started an application to get a home equity line of credit to consolidate debt. This will help a lot because I have a huge amount of debt and all the individual monthly paymen...
Ibrahim Yamini
Should I use a HELOC like this?
I’m pretty sure this question has been asked before, but I wanted to be specific.As I’ve studied books and members on this site, I think I have a better understanding of how to move forward but I need to make sure.Bas...
Erin Whalen
Using a Heloc- Pros and Cons
I am looking to buy my first rental property (SFR). I have a substantial amount of equity in my primary residence, which would allow me to get a HELOC and thus, cash, to start investing. Are there any cons to this r...
Samuel S.
Banks offering investment HELOCS
Hey BP Folks,Wanted to see if anyone has any experience with banks out there (national/regional/ credit unions etc) that are currently offering investment lines of credit? Not sure if this is a thing or not in today'...
Todd Mobley
Use HELOC to pay cash, or use as downpayment?
We should have close to six figures of cash in the form of a HELOC soon. A friend and owner of a handful of multi family properties said the best use of the money is to come into a deal by offering cash, rehabbing the...
Account Closed
HELOC to invest in Notes?
I'm considering buying a note or two with a HELOC. Although I'm generally leaning toward secured 1st position NPNs, it seems like a PERFORMING note (either a 1st or 2nd) would be the best way to leverage it.
As long ...
Dennis Meyer
What Heloc strategy is best?
BP Community,First time posting to the community. I am a new investor and I am in the process of purchasing a property with my Heloc (7.75% fixed for 60 mo). The property is $105,000. With expenses and minor rehab I l...