Eduardo Brito-Garcia
First Home bought - What to do next in this current market
Greetings everyone, About a year and a half to 2 years ago now I bought my first condo. I am unsure on how to calculate the current equity or where to get that information and my goal is to turn this into a rental pro...
Jeff Eisman
Ideas on a strategy to covert primary residence to rental then buy a new primary
I need some help figure out the best way to do this while not taking the Tax hit and losing the equity we al ready have. What we own currently:Rental property in CO with only a HELOC with a minimal balance. Capital ga...
Account Closed
First time home buyer and HELOC
Good morning everyone, I'm new to the forum and I have a few questions I'd like to ask.I recently applied for a HELOC Line of credit in an attempt to tap some equity on my condo in Denver.I was denied due to the fact ...
Katie Hole
How do I determine my HELOC amount?
Hello! My husband and I are just starting out in Real Estate Investing. We are working on gathering funds for our first rental property. We have lived in our current home for 4 years now and would like to take a HELOC...
Chris K.
Security back line of credit for down payment?
Why are security backed lines of credit / pledged asset lines of credit , not spoken more about for investors to use as a down payment for investment homes ? What are the pros / cons of using credit line??
Account Closed
Cash-out Refinance Vs. Limited Refinance Rates
Hi all, I'm in the middle of refinancing a 3-family with a 30-year fixed-rate conventional loan at a local Credit Union. The appraisal came in higher than I expected, presenting an opportunity to cash-out ~$75K while...
Micah Franklin
Tapping into equity with a HELOC
Hello everyone. Im about to start shopping around for a HELOC to Tap in to a rental property with a good amount of equity I'm looking to close within in a month and I was told the online companies can close faster. Pl...
Lydia Wright
Purchasing Second Home and Using Current as STR/MTR
I'm currently in a 2b/2ba in East Nashville. I just took out a HELOC on my mortgage (conventional loan) with the hopes of buying a larger place in the same area, and using my current place as a short-term or medium-te...
Caleb Drake
BRRRR SFR in Indiana
Investment Info:
Single-family residence buy & hold investment in Terre Haute.
Purchase price: $25,500
Cash invested: $43,000
This is a BRRRR deal I'm working on right now. I think I may have bou...
Brian Leinbach
Looking for Line of Credit on Investment Property in Milwaukee
I have been in the Milwaukee REO market for two years now. I was using traditional, Cash and Portfolio loans to grow my real estate portfolio. To save money I used cash, rather than hard money, to fix up the propertie...