Hello All, I am a rookie and have 3 doors in Los Angeles that flow nicely and have built up quite a bit of equity. I'm looking to add a duplex or triplex in Los Angeles but running into high-interest rates and large d...
Can someone please describe to me the thought process they go through when deciding on whether to finance a property through fixed or adjustable rate mortgages? More specifically, I'm talking about residential single-...
Hello, I’m looking to get started in real estate investing. I currently own a property that is valued at 850K and my current loan on my mortgage is 272k. I’m considering getting a home equity line of credit (HELOC) of...
Hi everyoneI was wondering if this is a good idea. I have a condo im purchasing with cash from a line of credit in a couple weeks. I believe its probably a non warrantable condo so its been hard to find financing to d...
Hi guys, I'm interested continuing my investing using the BRRR strategy. I currently have a duplex that was financed at 4.75%. I've recently began accumulating some substantial amount of cash and I'd like to get some ...
Getting ready to refinance my primary house was wondering what made more sense to take money out to have ready when the next deal is ready or just get a heloc and refinance keeping the current payment down until neede...
Hi everyone
So I close on a property this Friday (yay!) and was thinking today about ways to refinance it. I will be paying cash. I have talked to a few banks and I have a few options:
1. Identify next property and ...
What are the risks to using HELOC's for down payments on investment properties?
I have about $1M equity tied up between 4 SFRs, and am looking to access about 30% of it to continue growing the portfolio. The only option I've found so far is to cash-out refi two of the properties. This is less tha...
Greeting all We live in New York and would like to buy an investment property in Florida close to Orlando as it Airbnb. I currently own a property with a mortgage that has an interest rate of 4%. I like the loan and d...