I recently renovated and rented my first row house in Washington, DC. The deal performed well and I'm curious if ya'll think I made the right decision when it comes to HELOC vs. Cash Out Refinance. I'm new to the fina...
Input please....Don't want to blow this opportunity. We owe approx $460K on a property that appraises at 1.1M. We live in the main house and "rent" 2nd unit to in-laws. Will have a good cash cushion within a month o...
So heres my situation, I have my primary residence which is worth roughly $340,000. I have not talked to a lender yet for my HELOC but I have run the comps and thats what I have assumed it is worth. My mortgage is $25...
Hi guys,
Im a Canadian citizen buying in the US and have been telling my family about the loan I will be getting.
I will be getting a 4plex at ~4.5 for 30 years fixed.
Now, both sides of my family (in Canada) are s...
Hello,
I am just starting to invest in real estate. Rather than investing out of pocket, I am planning on getting a HELOC on my primary residence that has significant equity in it. I plan on using this as down payme...
Does anyone know of a good, cash-out re-finance lender, whether they're a local community bank in Atlanta or other type of soft money lender? Here's what I'm looking for:$50K minimum loan amount30-day seasoning requi...
Hey BP!
Anyone care to share their experience/wisdom with using a 10/6 ARM to finance their property? Seems pretty attractive if we are talking about a 10 year fixed rate that's about 1% lower than the current conven...
Hi - I plan on doing my first apartment deal in DFW area this year and I am currently researching various banks and mortgage broker for Commercial loans. I have contacted couple of Mortgage Brokers and they told me th...
Hello,Considering using the equity in my primary residence to apply for a heloc. I am told most banks/credit unions will lend 85% LTV on primary. With rates increasing, should having a variable rate with a heloc make ...
Hello everyone. I'm new to BiggerPockets and this is my first post! I've recently finished reading Brandon Turner's "The Book on Rental Property Investing" and am about 50% through David Greene's "BRRRR." I have de...