Alex Tsang
Heloc for Investment Homes
Hey there!
I recently watched a YouTube video from BiggerPockets where they discussed using a HELOC for investment homes. It got me really interested! I was wondering if anyone here could possibly share or recommend ...
Jeremy Mackay
Newbie Trying to Free Equity
Hi guysI apologize in advance for such a simple post, but I can't seem figure out how to get this train moving. Any advice would be much appreciated. Here's where I'm at-My wife and I are looking to buy a second home ...
Jennipher Jess
Smart Move to Take Out a HELOC Now?
Hello, I live in the Dallas area and currently have the option to take out $150,000 - $374000 on our home in a type of HELOC at a fixed rate of 8.03% on an 18-year term. Would it be wise to take out the min or the max...
Megan Hirlehey
Pay interest on a HELOC if you don't use it?
I applied for several loans (HELOC and Home Equity) for a deal I'm trying to do, got approved for both types, narrowed it down, decided to go with the HELOC (interest-only minimum payments for the first 10 years) for ...
Arthur Voskanyan
HELOC vs Home Equity Loan
If HELOC’s have a interest rate that adjusts/fluctuates/variable based on market conditions, why would anyone take out a HELOC compared to a regular home equity loan? A home equity loan has a fixed rate, so you don’t ...
Danielle G.
HELOC - Private Res and LLC Question
I live in a townhouse for which I paid cash. Then I formed an LLC for my REI’s. I’m thinking of a HELOC for short term deals/flips and was wondering the following...
1) Should I take out a HELOC on my townhouse or my...
Rob Bergeron
My HELOC Experience here in Louisville, KY
I’ve been meaning to tell everyone about this fantastic HELOC product I got for months, but I’ve forgotten to do the post. Better late than never! I’m sure some of you have received better terms, but I thought I had s...
Alex Todd
Using HELOC to Buy Outright? Then Refi?
Total newbie here but have been reading from afar about how to leverage/extract equity from a primary residence using a HELOC and want to validate an approach/idea/though to see if I'm following this properly. If I wa...
Bob Anthes
HELOC or Refi for down payment on next BRRR
Was going to do a HELOC on my primary for a down payment on my next BRRRR, then pay it back after I refi. I will use PML for 80% of purchase price and 100% of rehabDiscussing with lender on my primary who suggested a...
Account Closed
Best move with HELOC funds
I recently closed on my first HELOC after acquiring this property from BRRRR'ing my owner occupy duplex. I purchased the building for 80k with conventional investment financing- put about 11k into it and got the upst...