Hyun Don Yun
HELOC VS CASH FOR DOWNPAY
Hi BP,
Do you use HELOC from your house to downpay an investment property? Or, what is the best way to use HELOC in real estate investment?I’ve never used HELOC before but it sounds like a good option... any advice...
Nathan Frost
HELOC Real Estate Investing
Hi, I have lived in my primary home for 8 years and have a good amount of equity in it. How could I go about using a HELOC to buy 1-2 rental properties? Would it be the down payment or buy it full price with one big...
Christopher Yates
Experience using HELOCs?
I have been reading up on HELOCs and using them in REI. Does anyone have experience converting the mortgage on your primary residence to a HELOC and then using that to fund your deals? Supposedly by doing this you ca...
Anthony White
Using Heloc with BP BRRRR Caluculator
Using my Primary Residence HELOC to start the BRRRR process on a few rental properties - how would I use the BRRR calculator to input the information, since it is not really a Cash purchase (I still make payments on t...
Sasang Doc
Equity Stripping with HELOC
Hello BPers,I'm an LLC hoping to jump into bed with a sexy HELOC loan and strip down all my equity in an investment property.My question for ya' all: Is the entire amount of HELOC credit protected from creditors? Or o...
Sean Harris
Upping your HELOC with funds drawn
My wife and I have a HELOC that I will be using to pay for some of the down payment on a house. We got the HELOC about 3 years ago and since then the value of our home has gone up quite a bit. So my question is can I ...
Cory Ray
Can you use a Helco to buy an investment property
Can you use a Helco to buy an investment property in ohio. If so what would that look like. Being a Helco and I'd be buying a property and adding debt to the helco.
Javier Emilio Tirado
I NEED a HELOC!
I currently live in Puerto Rico ( US territory). My wife and I have some properties here and have a lot of equity but PR doesn't have Helocs. Our only option is Refinance. We have lost so many good opportunities to ca...
Kyle B.
HELOC Questions, Considering PenFed 5/5
I'm looking at getting a HELOC on my primary residence, and am specifically considering the PenFed 5/5 because it locks in the current rate of 5% for the next 5 years. With the fed raising interest rates, I think lock...
Derek Tellier
Refinance and Heloc Questions
Obviously I need to actually talk to a lender about this but looking for general information on how this could/would work. I have a 1st Mort on my PR, balance of about $97K, I also have a $50K Heloc with a Balance of ...