Jordan B.
Where did you get your HELOC and why??? - July 2023
Hello, I have some equity in my primary home and I am looking into getting a HELOC in order to fund my next two investment rental properties. I was curious as to what lenders people have been recently going with and w...
Sophia Oberlander
heloc on rental properties
hi all- any banks or lenders you know doing heloc on rental properties? I saw this post from a fellow bigger pockets follower and wondering if anyone else knows where I can access (outside of Hawaii)
Ernie Gutierrez
If I have Heloc can I cashout refinance?
Input requested. Thank you I have 150K equity in current home and just closed on Heloc and have zero balance on 75K HELOC credit line.Will I still be able to do a cash out refinance to have more accessible funds for r...
Cooper Walker
Why Home Equity Loans are Worth It?
I am brand new to real estate investing and I am looking for ways to get involved ASAP. I have heard a lot of good things about home equity loans or home equity lines of credit, but I cannot seem to see the bigger pi...
Nick Causa
Cash out Refinance on Personal home
Complete noob but that seems to be ok around here. 2 questions and I have no one to ask advice from. (1) I would love to get started with a rental property and own a personal residence that has appreciated from the ...
Josue Lopez
IS THERE A TERM?! HELOC, INVESTMENT PROPERTY, PRE APPROVAL
BACKGROUND: I WANT TO PURCHASE A SECOND INVESTMENT HOME, I CURRENTLY DONT LIVE IN MY HOUSE I RENT IT OUT COMPLETELY (3UNITS), IVE BUILT UP ENOUGH EQUITY AND I WOULD LIKE TO USE IT.QUESTIONS: DO I APPLY FOR A HELOC FIR...
Steve Tse
Self Directed IRA vs HELOC
Hi BP folks, I am investing in a multifamily syndication and looking for opinions on whether to make a contribution out of my SDIRA or use a HELOC ? Would be interested to hear pros and cons.Thanks
Maggie Thompson
Purchasing 2nd home, apply for heloc or use cash for downpayment
I am a newbie with BP, so apologies in advance for my questions. I've searched around, but need some guidance for my specific situation. Scenario: Looking to buy a primary residence house $360-380K. Rent out a room to...
Jacob Bopst
HELOC VS Conventional Refinance
Hi there!Can we go over some positive and negatives on using a HELOC(home equity line of credit) VS a conventional mortgage when doing a BRRR(Buy rehab rent repeat) strategy? I'm looking for what gives you the best re...
Andy Bauman
Downside of a HELOC? Your opinions?
Hey all, I'm new here and looking at getting into real estate investing. I'm curious if anyone can tell me the downside of a HELOC. I was able to find a local bank that will give me a HELOC at 85% LTV on my primary ...