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.
I have called banks and looked online but not having much success locating lenders who will provide 30-year fixed rate mortgages or HELOCs on a manufactured houses that sit on their own land (permanently affixed doubl...
I was recently told my bank, Wells Fargo, (I know, I need a small community bank) no longer does HELOC's, but I was wanting to use my house's equity to make a purchase.
Does anyone know someone who can help me tap ...
I have $1,000,good credit, and a $200,000 primary residence that I only owe $120,000, any suggestions on where I should start?
Hello BP! Quick question, if I buy a duplex for $40,000 and put down $10,000 what will my cash out refinance be or if I choose to do a HELOC. Duplex appraised at $72,000. Thank you for all who reply..
Has anyone paid for architect plans with a heloc ? Do you think that is a good idea?But then again it would count toward my DTI..
Hello All-
I found a duplex that is listed at $219k and I am trying to determine the best way to finance/pay for the property. I have $132K available to me through a HELOC at a fixed rate of 5.49%. Mortgage interest ...
Hey BP!I'm about to make an offer on my first property! I have the option to borrow with a local bank (slightly better rates) or a nat'l bank. I plan to borrowing using a HELOC in the near future. My question is:Wo...
If I transfer a property to a Trust, would I be able to do a cash-out refi, HELOC, equity loan? Would I be able to leverage the equity into acquiring a multifamily or other rental property? Would that create a due-on-...
Hello,
Easy question. Can I get a conventional loan and use my property as collateral? Or must I cash out refi or get a HELOC?
Thanks.