For a first time real estate rental investor, is it a good idea to pull out equity from your primary residence in the form of a refinance, HELOC, or home equity loan based on today's current rates to fund your first p...
I recently used a personal HELOC to purchase a flip house then rehabbed and sold the house. I decided to use a 1031 exchange for the tax advantages and our accountant told us we can’t use any of the proceeds to pay ...
I am in the process of looking for my second multi-unit property. I currently own a 3 unit with around $350k in equity. I am living in one of the units, but am ready to move out and again house hack in the next 3-4 un...
I have a question about getting a HELOC loan. Is there any restrictions as to what I can get a HELOC for? I want to get cash via a HELOC to buy stock. Before I go through the process, can this be done?
How are people using the equity in their homes? I'm looking for a HELOC for my investment property. I'm looking for about 80% LTV, and my mortgage is about 70% LTV, so looking to pull out about 10% LTV or ~100k. All m...
I am just beginning the process of getting into real estate but I am having a hard time deciding how to fund my first deal. I have built up some equity in my primary residence and have investments to cover a down paym...
Hello,I am looking to cash out refi my duplex and use the funds to purchase another property. I have a few concerns and would like to get some input. Current mortgage is a FHA loan @ 4%. Current balance of about 90K. ...
Hi All,
I"m looking for a 95-100% LTV HELOC company on a primary residence. I already have a LOC with Tower Federal Credit Union, so I cannot use them. But I'm looking for a company that will do a HELOC on a new ...
So I called the bank to do a cash out refi. For $150,000 mortgage on my primary. My payments will be $2000 a month with a 6.75 interest rate. I have all this equity & still can’t afford to have my money work for m...
Hey everyone!
I have read a post about HELOC's before but couldn't really find an answer to the question. I'm curious if anyone has used a HELOC (home equity line of credit) to pay off their mortgage in larger chunks...