I have a heloc off an 100k. I close this Saturday. A promotional offer is 3% on withdrawal of funds on close. Otherwise it's 6.25%. How much should I draw?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1539815/small_1696048218-avatar-scottk225.jpg?twic=v1/output=image&v=2)
Does is make sense to refinance my first home and get a heloc on it to purchase the second home during this current climate?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1517696/small_1702920945-avatar-shaif1.jpg?twic=v1/output=image&v=2)
HI BP!
I'm an OOC REI and since I don't have a credit score yet it's really difficult for me to get any loan that is not from HML.
Does anyone has an experiance with getting an HELOC without any credit on their exit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/677618/small_1695780809-avatar-mattm180.jpg?twic=v1/output=image&v=2)
Hi. I am trying to determine if I should go with an 80%, 90%, or 100% LTV HELOC. All of these have different interest rates. As the LTV breaches each of these thresholds, the interest rate rises. Currently, this is wh...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/227857/small_1694874097-avatar-kalpesh1hp.jpg?twic=v1/output=image&v=2)
Hello Everyone!I want to know how soon can I apply for HELOC once I close my primary home. To give a scenario, I am buying a foreclosure property as my primary home with a price of $100k less than what it appraised fo...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1124357/small_1621509257-avatar-adeva.jpg?twic=v1/output=image&v=2)
I sell Home Equity Lines of Credit in California and I know our terms are very competitive. Last year, I noticed a high rate of requests for HELOCS. I guess people where trying to get access to as much cash as possibl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1153029/small_1621509650-avatar-cindym58.jpg?twic=v1/output=image&v=2)
Curious to know about any experiences other BP members have had with "Fund & Grow". Positive or negative. I still consider myself a newbie, even though I have had several rental properties in the past. I recently ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2052941/small_1621517791-avatar-syv.jpg?twic=v1/output=image&v=2)
Has anyone had any luck in finding a HELOC lender for their investment property that is non-owner occupied? I have tried many of the lenders that were listed on this post, however the lenders don't lend in CA (North O...
Applied for am HELOC, and the appraisal came short by 50-75K of the expected.Any recommendations of should I take what the bank offer or should I appraise again ?Take in consideration three house down the block sold 2...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1093215/small_1694647622-avatar-rafaelt16.jpg?twic=v1/output=image&v=2)
Thank you for taking the time to view currently have the option of a Heloc on my primary home after several calls possibly $60,000, if I sell market comps I can walk away with no less then $150,000 giving me the opt...