Jake Recz
HELOC & flood insurance? Balance is zero, insurance payout?
So I'm getting a HELOC through TD BANK. If the HELOC is for $100k, I keep the balance at $0, and the property floods, would the bank still be the one getting the check? technically I don't owe them any money at that p...
Michael Theo
Timing Contractor Payment for HELOC Interest Deductability
I have a multi-family property that is 50% owner occupied, 50% rented. If I pay a contractor in cash for a home improvement and ~3 months later open and withdraw an equal amount of cash from a HELOC, is the interest o...
Lawrence Briggs
HELOCs in 2022 (Texas) primary residence
Hello BP family. I have some equity in my primary residence in Texas that I would like to use for real estate investing. Has anyone had a good experience with getting a HELOC this year (2022) or recent years? If so, -...
Daniel Mendenhall
HELOC for multi-family in Texas
I own a duplex in Dallas, Texas that is owner occupied and homesteaded. I have owned it for 6 years and am thinking about doing a HELOC on the property. The larger banks I have talked to do not offer HELOCs on multi-...
Martin Neal
My First BRRRR: Success or Failure?? LOTS of Details and Pics
Prepare yourself: this is a long post. I wrote this post for any newbies and for anyone with questions about the BRRRR process. I also wrote this to let you know about me and my process. Born and raised in Chicago Ill...
Quoc Tran
Helping Parents Through Retirement in Denver
Hello BiggerPockets!My parents have worked hard throughout their lives to put their kids through school and pay down the mortgageby the end of this year they will have finally paid off the house and are hoping to reti...
Sarah Karakaian
To buy or sell our NYC property to kickstart our investing career
Hi all!I'm new here, but a long time listener of the podcast. My husband and I run a contracting and design company but have wanted to start an investing career. We live in NYC and it's becoming increasingly harder to...
Tyler Hardy
Wife is not comfortable REI
I'm a new investor and I'm on the hunt for my first deal. I've been narrowing down my search and I'd like to start in smaller, commercial multi family (5+ units). The issue I have is the up front capitol. We recently ...
Cody Kauzlarich
My Personal Finances, what's my next step
I am going to be completely transparent with my wife's and I finances in hope to get some good suggestions of the direction to go to lead us to our goals. We currently owe approximately 140k on our personal residence ...
Patrick Philip
Anyone ever took out a HELOC to cover the down payment on a HML?
Have you ever known this strategy to be successful? This way, I could be flipping million dollar houses with greater profit margins and less competition from the amateurs.