I want to do a HELOC on my second home (STR) and my credit union says it can't be a rental. Do you have suggestions for a company that does HELOC on rentals?
As title says. I found an old list laying around in the forums here but when I started calling a lot of those lenders weren't doing HELOCs for non-owner-occupied MFHs anymore. Any lender who would do that for a MFH in...
I have been getting told no, by all banks, even the ones that use to offer HELOC's Who are you guys currently using to get a HELOC loan on an investment property?
Hi guys, Another newby here. I've been reading, listening and watching for a few months all over the place. I've been in a few Real Estate Investing Meetings locally here in the Dallas-Fort Worth area and I'm really e...
I bought my 1st Investment Property back in June using $99K cash offer from a HELOC. I knew going in that it needed extensive repairs including new roof and foundation work and probably a rewire. I figured a $50k 401K...
All five have renters in them and I'm house hacking in the 3 flat. I want to discover strategies to pay the loans off on these properties as quickly as possible. So would you flip homes until you pay off the loans o...
I bought a property with the intent of rehabbing it and then renting it. I also knew I had another exit strategy of selling if need be. The market is so crazy that I'm considering selling now. Here are the numbers:
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Hi everyone! I recently joined and have been reading and doing some research on this site.FYI, I work in construction so I have home repair experience. We own 2 houses in New Jersey under my wife's name as my credit w...
Hello, this will be my first deal, needless to say there is quite a bit of anxiety with it. Any insight, opinions, or help would be greatly appreciated. Im 25 years old, i have a good paying job, i have a 2 year old d...
Hey folks. I am looking for an advisor, and I have a standard question that I ask every one that I have spoken to. I have yet to get a creative answer (pay down debt, max out your retirement, etc... is the almost un...