So I inherited a property, and I live there now. How should I use this property to gain more property? My goals are to cash flow and gain equity in the next 5 years.
My business partner and I own 5 properties (4 of them are free and clear) and we're looking for recommendations for a bank that will do a HELOC on an investment property. We would like to take the HELOC and use it to...
Can anyone point me in the right direction in regards to a lender in the Miami, FL area. I would like to use a HELOC and prefer a smaller bank or credit union. Thanks in advance.
Recently purchased a house to be my primary (but and hold long term). It has a rehabbed main level and completely unfinished basement. I plan to add in 1 bed, 1 bath, and close off a storage room. My goal is to get ...
Is 80% of LTV minus your loan the most you can get for a HELOC or a cash out refi?Does anyone know any banks that would do 90% of LTV?Thanks.
Hello all! The house my Wife and I live in was purchased subject to. We have decided to pay off the balance so we would have a free and clear deed in our names and get a heloc. Would the heloc have to be in the name o...
Hello- does anyone know of a credit union that would do a HELOC on a condo for 90% LTV? The property is on Long Beach and I would prefer a local CU. I did a research and found LBS Financial that meets the criteria I’m...
I'll try to make a long story short. I own a townhouse that I have rented out for two years. Cashflow is great. I have about $100,000 of equity in the property. How can I use that money to finance the purchase of anot...
Need some advice. Recently purchased a foreclosed I intend to live in. Paid 88K cash, ARV is 160-165. I applied for a HELOC at my bank and was denied due to my owning the home less than 6 months. Any suggestions on ho...
How do I get the equity out of my current home and then rent it out. What are the steps?I hear HELOC? What are the pros and cons of doing this? Or is it a good idea.