Hey Everyone,
I bought my first 3 Family Home (Multi Family) back in December of 2021 in RI. Took me just about 2 years to finish renovating the 3rd and 2nd floor. I did all the work myself pretty much which is why i...
Hello AllAnyone know of a bank, credit union and or lending institution that will provide a HELOC on an investment property in VA? Thanks for the help.
Hello all!I just obtained a HELOC of 118k but have cold feet on where to start. If you were in this situation how would you best utilize this HELOC to begin you investing portfolio? I'll include my thoughts below and ...
I am shopping for a HELOC. I have found 2 lenders that will give up to 100% LTV. Every other lender is 80-90%. Has anybody been able to get one of these? Is there any more risk with 100% vs 80-90%?
BP, After doing some of my own research I am curious to see what others in the Bay Area are getting offered in terms of HELOC rates. I was just offered a 6.6% variable rate, interest only, 10 year draw, on my primary ...
I understand the difference between the two, just curious if there's a reason to choose one over another. Current mortgage is for $60k at around 3.5%. House was valued at $100k when I bought it a year ago. After $50k...
I'm currently trying to decide on if I should borrow money from my 401K or use a HELOC. Please share you thoughts!Let
say that I'm able to use my 401K to borrow $30K. The other alternative
would be for me to trans...
Hi BP community,I'm seeking to purhchase the real estate investment, and need some advice on financing options.
My Situation:- My spouse & I own two properties worth $600k, $200 fully paid.- Our combined after...
Hello everybody. I've got a question about how to best utilize a HELOC I am taking out on my primary residence. Here are the basics around that and my current REI situation. I will have a HELOC of around $35,000 doll...
My husband and I have 2 rental single family properties as we just started our real estate journey. We bought the 2nd property April 2021. We just found a great deal on a duplex but are about $10k short of what we nee...